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Oil & Gas
Investors’ questions on mini-refining opportunities in…
It is a new day in Nigeria and there are significantly high levels of expectations in most sectors. The new…
Oil up despite oversupply threat
Oil staged its first rally in three days gaining 2 percent despite warnings of more oversupply as a result of…
Refiners in talks with Iraq on strategic reserves
State refiners Indian Oil Corp and Hindustan Petroleum Corp are holding talks with Iraq’s national oil company to…
Petrobras plan $2.5 Billion 100-Year Bond offering
Petrobras is selling $2.5 billion of 100-year bonds, returning to overseas capital markets for the first time since…
Community shut Agip facility for negotiation
Paramount ruler of Egbebiri in Bayelsa State, Aniedima Nicholas, on Monday, explained why activities at the Idu Oil…
Buhari-G7 meeting-TUC, PENGASSAN make case against oil…
The President of the Trade Union Congress (TUC), Bobboi Bala Kaigama, and his counterpart in Petroleum and Natural…
NIPCO cushions fuel agony, imports 37m litres
NIPCO Plc has scaled up efforts at cushioning the agony which the scarcity of Premium Motor Spirit (PMS) also known…
PENGASSAN tells government to deregulate oil sector
As the clamour for the removal of petroleum subsidy heightens, the Petroleum and Natural Gas Senior Staff…
Expectation as oil, gas crisis welcomes new…
Pockets of crisis in the oil and gas sector welcomed the administration of President Buhari amidst great…
Venezuela, Russia’s Rosneft agree on $14 billion oil,…
Venezuela and Russia’s top oil producer, Rosneft, have agreed on around $14 billion in investment in the South…
Africa Oil closes $100 million financing
Africa Oil has announced that it has closed the $100 million non-brokered private placement previously announced…
Oil slides on strong dollar, supply glut worries
Oil prices sank this week to one-month lows on the back of the strong dollar and global supply glut fears, ahead of…