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Oil & Gas
Indian Refiners pay $400 million to Iran under interim…
Indian refiners paid $400 million to Iran ahead of deadline of the interim deal with six world powers that allows…
Saudi Aramco’s oil resources to grow to 900 billion…
State oil giant Saudi Aramco expects to have 900 billion barrels of oil resources by 2025, up from the current 790…
Oil rebounds on China rates move
Brent crude oil rose by $1 to above $80 a barrel after China cut interest rates and on speculation that OPEC could…
Brass LNG project ready to takeoff as Bayelsa resolves…
Bayelsa State government has announced a major breakthrough in efforts to ensure the take off of the…
Oil Price to bottom at $65 – $75 per Barrel
Energy analysts across the globe see the price of oil hitting a bottom in the near term, with the expected target…
“The thrust of Nigerian Content act goes beyond job…
How would you rate the performance of NCDMB in light of the parameters of job creation over the years?
The thrust…
Sub-$100 per barrel may translate into long term demand…
Norway’s leading investment bank DNB ASA projects crude oil price will continue trading at below $100 a barrel…
OPEC delegates musing over potential oil cut
A subtle shift may be taking place within OPEC as it heads into its most important meeting in years, according to…
Halliburton acquires Baker Hughes in $34 billion deal
Halliburton is acquiring Baker Hughes for US$34.6 billion in a stock and cash deal. According to the definitive…
LNG project could cost up to $30 billion
A planned liquefied natural gas (LNG) export plant to develop Tanzania’s vast gas reserves could cost up to $30…
IEA sees no quick rebound in oil prices
The oil market has entered a new era with lower Chinese economic growth and booming US shale output, making a…
Gazprom put 2015 investments at $18 billion
Russia’s Gazprom will invest $18.1 billion in 2015, the bulk for development of the Yamal peninsula gas deposits…