OIL & GAS

OIL & GAS

Donald Trump
Foreign OIL & GAS

U.S. President Donald Trump on Friday criticized OPEC for output reductions that have helped raise oil prices and said the action would not be tolerated, as oil prices ...
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Crude Oil
COVER NEWSLETTER OIL & GAS

Oil prices soared on Thursday, April 19, to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters ...
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Petrol
BUSINESS & ECONOMY COVER NEWSLETTER OIL & GAS SHIPPING & PORT SERVICES

Thirty-five ships carrying petroleum products, food items and other goods are expected to arrive at the Apapa and Tin Can Island ports in Lagos from Thursday to May ...
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Oil and gas
OIL & GAS

As part of its efforts aimed at deepening the Nigerian oil industry, the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) says it has put necessary machinery ...
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SPDC
OIL & GAS

Oil and Gas giant, Shell Petroleum Development Company (SPDC) said it has contributed $23 billion to Nigeria’s economy between 2013 and 2017, with 3% of its budget allocated ...
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Crude Oil
COVER NEWSLETTER OIL & GAS

Oil prices stood tall rose on Tuesday, April 17, supported by investors’ growing concern over the potential for disruptions to crude supply, especially in the Middle East. Brent ...
Comments Off on Oil Climbs To $71.52 as Investors Weigh Supply Risks
Maikanti-Baru
NEWS OIL & GAS

The inadequacy of funds has been attributed as the major constraint facing the Nigerian National Corporation (NNPC), according to its Group Managing Director (GMD), Mr. Maikanti Baru. In ...
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COVER NEWSLETTER OIL & GAS

Oil dipped by almost 2 percent on Monday, April 16, after U.S. drilling activity rose and fears waned about escalating tensions in the Middle East following air strikes ...
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Ghana
INTERNATIONAL OIL & GAS

The West African Gas Pipeline Company (WAGPCO) has revealed that the government of Ghana has an outstanding debt of about $100 million to pay to N-Gas, a Nigerian ...
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pengassan
OIL & GAS POLITICS & GOVERNMENT

Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has picketed Total Exploration and Producing Nigerian Limited, in Port Harcourt, Rivers State, over alleged ...
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BudgIT
BUSINESS & ECONOMY NEWS NEWSLETTER OIL & GAS

BudgIT has expressed dismay at the lack of accountability and transparency by the Federal Government and the Nigerian National Petroleum Corporation (NNPC) on the amount so far spent ...
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Oil
INTERNATIONAL NEWSLETTER OIL & GAS

The International Energy Agency said on Friday that the international oil market could become too tight if supply remains restrained by OPEC and its allies as global oil ...
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Technological Advancement: NNPC Vows to Support Local Investors
OIL & GAS

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has said that the corporation was committed to supporting local investors towards growing the engineering ...
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Chevron and ExxonMobil
INTERNATIONAL OIL & GAS

Global oil giants Chevron Corp and Exxon Mobil have asked U.S. regulators for exemptions to the nation’s biofuels policy that have historically been reserved for small companies in ...
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Latin American Nations Vye for Funds in the Surge of Oil Auctions
INTERNATIONAL OIL & GAS

Latin American nations are currently vying for funds in the surge of oil auctions. An unprecedented wave of free-market energy reforms is gaining traction across the region, setting ...
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Oil
COVER OIL & GAS

Worries over military escalation in Syria and trade tension between the United States and China, on Thursday, pushed oil prices low at the global market, after a positive ...
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NNPC
NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation (NNPC) has said it hopes to attain 100 percent automation of all transactions involving the supply, marketing and sale of Nigeria’s crude oil ...
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Kachikwu
COVER NEWSLETTER OIL & GAS

The attention of the Honourable Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has been drawn to certain reports in some national newspapers and online news ...
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Crude Oil
COVER OIL & GAS

Oil prices at the global market hit its highest in more than three years on Wednesday after U.S. President Donald Trump threatened to fire missiles at Syria in ...
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Oando Plc
BUSINESS & ECONOMY COVER NEWSLETTER OIL & GAS

As the crisis rocking Oando Plc continues to linger on, shareholders of the company have appealed to President Muhammadu Buhari and the National Assembly (NASS) to intervene in ...
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