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Oil & Gas
Saudi oil minister plays down prospect of Aramco…
Saudi Arabia still plans to publicly list a portion of its state oil company in 2018, the kingdom’s oil minister…
Vivo Energy bets on Africa with $3 billion IPO
LONDON—Vivo Energy Investments B.V., a major licensee of Royal Dutch Shell RDS.B +0.14% PLC’s fuels and lubricants…
PIB non-passage may deter investors participation in…
Stakeholders in the oil and gas have said that the non passage of the Petroleum Industry Bill (PIB) could deter…
Stakes higher for new oil projects as investors bet on…
As crude oil prices looks to hover around $50 per barrel far longer than necessary, the stakes for new projects are…
Strengthening the gains of gas sector investment
Nigeria is one of the top ten nations in the world with huge natural gas reserves. Nigeria’s gas reserve is…
Gathering storms eclipses $30 per barrel
The storms are gathering. There are pointers that several factors appear to be coming together to help oil price…
Lack of policy direction hampers investment in oil and…
MG VOWGAS has been in operation for over a decade driving local content development through fabrication of…
NNPC stocks 2bn litres of petrol for hitch-free ember…
The Nigerian National Petroleum Corporation (NNPC) has a stock of over two billion litres of Premium Motor Spirit…
Apapa-Wharf construction to peak as AXXEL, Eko Disco…
The reconstruction of Wharf Road in Apapa may be accelerated very soon as AXXEL, formerly Oando Gas and Power, the…
Low operational capacities of refineries worry operators
Operators in the oil and gas sector are worried that despite the noticeable improvement in Nigeria oil and gas…
Oil prices rise over Middle East tensions
Oil prices jumped upwards on weekend as Trump confirmed his plan to decertify the Iranian nuclear deal while both…
FG targets 100% Nigerian content in 2027
The Nigerian Content Development and Monitoring Board (NCDMB) must ensure that the Nigerian oil and gas industry is…