Browsing Category
Oil & Gas
Economy faces ‘catastrophe’ over drop in oil prices
Vladimir Putin, Russia’s president has said the country’s economy, already battered by sanctions and a collapsing…
Oil Price Forecast – 2015 to Medium Term
Oil prices have been forecasted to shoot back up again, according to the annual World Oil Outlook released by the…
South West maintain lead on petroleum products…
Petroleum products distributed by major and independent marketers across the six geo-political zones in the first…
Historic shift as Abu Dhabi looks towards Asia for oil…
Abu Dhabi, the gulf emirate, seems to be leaning towards Asian firms when it renews a decades-old major oil…
3D Hitech systems signs $500 million gas assets with…
The management of 3D Hitech Systems Limited said it has acquired $500 million gas assets to boost gas supply to…
Crude rallies but ends week down
US crude climbed less than a dollar but still finished down more than 2 percent for the week, marking the first…
More oil discovery offers Africa opportunity for…
The Society of Petroleum Engineers (SPE), Nigeria Council, said that expansion in new oil and gas finds in Africa…
Total’s new boss sets tone for a new era
The new head of French energy major Total, Patrick Pouyanne, in his first public appearance since his predecessor…
Goldman slashes 2015 oil price forecast as glut grows
Goldman Sachs has slashed its 2015 oil price forecasts, making it the most bearish among major financial…
Congress passes law aimed at attracting oil investment
Argentina’s Congress gave final approval to a law revamping energy investment regulations, the latest step by…
Strike impact on Ghana oil production
The industrial action by oil workers at Jubilee Oilfield in the Western Region is set to result in significant…
Fiscal reforms threatens Thailand’s upstream outlook
Independent analysis by Wood Mackenzie show that the Thailand’s upstream outlook is at risk from fiscal reform as…