Oil prices rose by more than one percent on Friday as turmoil in Venezuela triggered concerns that its oil exports could soon…
Oil and Gas
-
-
Indications are that China’s crude oil import that have been driving rise in prices is set to fall as its economy has…
-
Executive Director, Department of Petroleum Resources (DPR) Mr Mordecai Ladan, says the organisation generated N1.3 trillion as revenue and additional 200 million…
-
French oil and energy group Total will formally approve a decision to proceed with the Ikike project in Nigeria in the coming…
-
President Dangote Group of companies Alhaji Aliko Dangote has in France confirmed that his group will be focussing on export to foreign…
-
Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s refinery, petrochemicals and fertiliser projects…
-
Foremost petroleum marketing company in Lagos, Nigeria, MOB Integrated Services Limited, is now the largest supplier of Liquefied Petroleum Gas (LPG) in…
-
Nigerian energy firm Forte Oil plans to enter into talks to sell its power unit to its major investor, billionaire Femi Otedola,…
-
Eko Refinery and Petrochemical Company has appealed to the Federal Government to support local refiners with sovereign guarantees loans for the completion…
-
Brent crude oil price fell to $60 a barrel at the future market which is just within the 2019 draft budget crude…
-
The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for…
-
Britain’s richest man, billionaire Sir Jim Ratcliffe, has shrugged off fears of a paralysis of U.K. business by spending €3 billion to…
-
As it prepares to roll out in 2019, Dangote Oil Refining Company (DORC), has taken delivery of one of the major components…
-
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says non-compliance to regulations by operators in the oil and gas…
-
Oil and GasNews
Ray of hope for 2019 budget as US-China trade talk, supply cuts push up crude Oil prices
Crude oil prices rose by more than 1.5 per cent in the international market on expectation that talks in Beijing can resolve…