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Oil & Gas
Stakeholders see independent Gas sector framework as key…
Stakeholders in the oil and gas industry insists that the best option to grow Nigeria gas sector in 2017 and beyond…
For shale drillers, rising oil prices also come with…
U.S. shale drillers that proved resilient during the oil downturn face a new test in 2017: Can they make money…
Expect oil sector divestments to restart in 2017 –…
Analysts at Ecobank have said that while there were no major efforts to divest new assets in 2016, following the…
Nigeria to average 1.8m bpd crude oil output in 2017
Analysts at Ecobank have forecasted that Nigeria’s average oil output will be 1.8m barrels per day in 2017 up by…
Saudi pledges adherence to oil cut, confident others…
Saudi Arabia will adhere strictly to its commitment to cut output under the global agreement among oil producers,…
Weather, storage facility force Libya’s oil production…
Libya’s oil production has dropped to 655,000 barrels a day due to difficulties, including a lack of storage…
Saudi Arabia’s output cut seen helping oil price
OPEC’s largest producer Saudi Arabia has cut output beyond the level agreed at the cartel’s last meeting signaling…
NEITI seeks settlement of $4.98bn liability by NPDC
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Wednesday urged the Senate to ensure the…
Oil price fall to $53.80 on US supply boost
International oil price fell to $53.80 for Brent crude overnight as investors weigh signs of rising US crude supply…
Oil, gas prospects in 2017 hinge on governance,…
Despite the recent indications of a possible signs of recovery of crude price in the international market with…
New possibilities position Aveon Offshore in good stead
Globally, oil service companies have had a rough run for the past two years, even worse than the oil companies…
Achieving energy self-sufficiency in West Africa (I)
Ghana anticipates it will soon produce more power than it needs and become energy self-sufficient. In anticipation…