Brent crude oil prices shrunk by15 cents a barrel at $77.19 while U.S. light crude was unchanged at $67.04. The drop in…
Oil and Gas
-
-
The Nigerian National Petroleum Corporation, its subsidiary NPDC and other oil companies are owing the Federation Account Allocation Account the sum of…
-
(Reuters) – Two former executives of collapsed oil company Afren were sentenced to up to six years in prison on Monday after…
-
The Nigeria Extractive Industry Transparency Initiative (NEITI) on Monday called for urgent action on some of the remediation issues identified in its…
-
Crude oil prices have fallen by about $10 a barrel since four-year highs reached in early October. Brent crude futures fell 21…
-
The Nigerian National petroleum Corporation (NNPC) says that some of the financing companies it approached to revamp the country’s refineries have shown…
-
Nigerian Petroleum Development Company (NPDC) has achieved 100 per cent local content input in the development of Oredo Integrated Gas Handling Facility…
-
(Reuters) – Exports of the four largest grades of Nigerian crude oil will rise to 879,608 barrels per day in December, the highest…
-
(Reuters) – Two former executives of collapsed oil firm Afren have been convicted of fraud and money laundering offences relating to a…
-
Saudi Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers and will isolate oil from politics, the Saudi…
-
The Minister of State for Environment, Alhaji Ibrahim Jibril, said on Monday that the Federal Government was set to commence the clean…
-
Chief Executive Officer, AfriPERA, an Energy and Infrastructure Policy research organisation, Mr Chinedu Onyeizu, said that Nigeria is losing about $2.5 billion annually…
-
Nigeria National Petroleum Corporation NNPC has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel…
-
Nigeria National Petroleum Corporation NNPC has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel…
-
Trafigura executives expect more upward pressure on global oil prices next year as rising U.S. shale output will not be able to…