Moody’s cuts India’s GDP growth forecast to 7.3 per cent
31 May 2018, News Wires – Moody’s Investors Service has cut India’s GDP growth forecast to 7.3 per cent in 2018, from previous forecast of ...
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Gazprom’s profit climbs in Q1 on higher European volumes
31 May 2018, News Wires – Russian gas giant Gazprom saw its net profit rising more than 11 percent in the first quarter of this year as pip...
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China’s State Grid to invest $38bn in Brazil power sector
31 May 2018, News Wires – Power company China State Grid Corp Ltd will invest 140 billion reais ($38 billion) in Brazil over the next five ...
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ONGC fourth quarter net profit up 36.2 per cent at Rs 5,915 crore
31 May 2018, News Wires – State-owned petroleum explorer Oil and Natural Gas Corporation (ONGC) of India has posted a 36.2 per cent jump in...
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World Bank helps Bangladesh expand access to renewable energy
31 May 2018, News Wires – The Bangladesh government has signed a $55 million financing agreement with the World Bank to expand renewableene...
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Iran’s oil exports fall in May, when U.S. quit nuclear deal – Petro-Logistics
31 May 2018, News Wires – Iran’s crude oil exports have declined slightly in May, according to estimates from a leading tanker-tracking com...
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Petronas posts Q1 profit, LNG sales rise
31 May 2018, News Wires – Malaysian energy giant Petronas reported a 26 percent jump in its profit for the first three months of the year. ...
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Operators bemoan exclusion of Nigerian vessels from crude lifting
Vincent Toritseju 31 May 2018, Sweetcrude, Lagos — Concerned operators in the shipping sector have bemoaned the non-inclusion of Nigerian v...
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Nigerian Ports Authority appeals for peace on Warri waterways
Lucky Omas 31 May 2018, Sweetcrude, Warri, Delta State — The Manager, Warri Port, Mr Simon Okeke has appealed to youths of Warri and enviro...
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Nigerian Navy transfers vessel with stolen crude to EFCC
Lucky Omas 31 May 2018, Sweetcrude, Delta State — The Nigerian Navy shipyard, NNS Delta, has handed over a vessel loaded with 386,000 litre...
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Nigeria loses $300m revenue annually to vessels berthing offshore
Toritseju Vincent 31 May 2018, Sweetcrude, Lagos — A former Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), ...
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India delays plan to roll out 10,000 electric cars to 2019
30 May 2018, Sweetcrude, Houston, Texas – India has pushed back a deadline to put thousands of battery-driven cars on the road by nearly a ...
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India: Petrol, diesel prices fall across the country after 16-day surge
30 May 2018, New Delhi – Fuel consumers can now breathe easy. Petrol and diesel prices across the country fell on Wednesday after 16 contin...
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Gazprom, Turkey sign TurkStream onshore section documents
30 May 2018, News Wires – Russian giant Gazprom signed a protocol with the Turkish government on the onshore section of the transit string ...
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Equities: energy firms up to a slow start after the holidays
30 May 2018, Sweetcrude, Lagos — Trading activities on the floor of Nigerian Stock Exchange for energy companies experienced slow start on ...
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OPEC daily basket price close at $72.91 per barrel
30 May 2018, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $72.91 a barrel on Tuesday, compared with $...
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Presidency, BPE squanders N500m+ for consultancy on PHCN
*PHCN’s core assets awarded as gifts to DisCos, unofficially sold, stolen OpeOluwani Akintayo 30 May 2018, Sweetcrude, Lagos — A document o...
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Africa Energy Forum: Global energy sector leaders reflect on past 20-years
30 May 2018, Sweetcrude, London, United Kingdom — During the Africa Energy Forum (AEF)’s lifetime the sector has witnessed the emergence of...
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Weekly SweetcrudeReports/Guardian collaboration May 30 2018
Read the Weekly SweetcrudeReports/Guardian collaboration The post Weekly SweetcrudeReports/Guardian collaboration May 30 2018 appeared fi...
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Only one scanning machine working at Lagos ports, says Customs
30 May 2018, Sweetcrude, Lagos – Customs Area Controller, CAC, in charge of Apapa Area 1 Command in Lagos, Jibrin Musa, has revealed that t...
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HYPREP, NDDC train 35 personnel for Ogoni clean-up
Mkpoikana Udoma 30 May 2018, Sweetcrude, Port Harcourt – The Hydrocarbon Pollution Remediation Project, HYPREP, in collaboration with the N...
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NPA working to arrest attacks on vessels at berth – Usman
Vincent Toritseju 30 May 2018, Sweetcrude, Lagos – Managing Director of the Nigerian Ports Authority, NPA, Ms. Hadiza Bala Usman, has spoke...
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Reform at NSE will make it more attractive – Saraki
30 May 2018, Sweetcrude, Abuja – President of the Senate, Dr. Bukola Saraki, says the upper chamber of the National Assembly is looking int...
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Lawmakers hold public hearing on Ajaokuta Steel, June 4
OpeOluwani Akintayo 29 May 2018, Sweetcrude, Lagos — The House of Representatives will hold a public hearing on its investigation into the ...
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How the world’s biggest private equity oil and gas industry bid collapsed
29 May 2018, Melbourne — Blame it on Trump, Iran or Venezuela. Rising oil prices combined with a heavy debt load killed the world’s biggest...
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OPEC daily basket price close at $73.37 per barrel
29 May 2018, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $73.37 a barrel on Monday, compared with $7...
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Nigerian govt, exporters to stop export of processed wood by 2020
Vincent Toritseju 29 May 2018, Sweetcrude, Lagos — The Federal Government of Nigeria and the Tropical Wood Exporters Association of Nigeria...
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Technological changes & paradigm shift in the global energy landscape
*Threats & opportunities for developing countries Prof Chijioke Nwaozuzu 29 May 2018, Sweetcrude, Port Harcourt — The evolution of the ...
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Oil & gas contractors conference holds next month in Port Harcourt
Mkpoikana Udoma 29 May 2018, Sweetcrude, Port Harcourt — A conference where oil and gas contractors, oil producing companies and host commu...
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Oil marketers lament incessant robbery at filling stations in Rivers
Mkpoikana Udoma 29 May 2018, Sweetcrude, Port Harcourt — Oil marketers under the aegis of Licensed Petroleum Products Station Owners Associ...
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Nigeria produces about 25% of gas reserves – Shell Boss
OpeOluwani Akintayo 29 May 2018, Sweetcrude, Lagos – As the Federal Government seeks to harness the nation’s gas resources for increased su...
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Port Harcourt, Kaduna, Warri refineries record N14bn deficit
Ike Amos 29 May 2018, Sweetcrude, Abuja – The country’s refineries, Port Harcourt Refining Company, PHRC; Warri Refinery and Petrochemical ...
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CBN says BDCs must access forex thrice weekly
29 May 2018, Sweetcrude, Lagos – The Central Bank of Nigeria, CBN, has ordered that all Bureau de Changes, BDCs, must access the Forex wind...
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Safety is top priority at PHED – Acting MD
29 May 2018, Sweetcrude, Lagos – Acting Chief Executive Officer of the Port Harcourt Electricity Distribution Companies, PHED, Mr. Syed Tah...
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Ghana to award three oil blocks next year
29 May 2018, Sweetcrude, Lagos – Ghana is to award three oil blocks next year through a mix of open competitive tender and direct negotiati...
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Equities: Week begins on a negative note for energy firms
28 May 2018, Sweetcrude, Lagos – Monday’s trading activities on the floor of the Nigerian Stock Exchange for energy companies kicked off, M...
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TREP: TCN energises transformers, repairs another
Michael James 28 May 2018, Sweetcrude, Lagos — The Transmission Company of Nigeria, TCN, has completed and energized three new transformers...
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LNG bunkering vessels to double by 2020
28 May 2018, News Wires – With the IMO’s 2020 global sulphur cap coming ever closer, LNG as a marine fuel is gaining more and more interest...
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US LNG exports drop on week
28 May 2018, News Wires – Liquefied natural gas (LNG) exports from the United States decreased during the week that ended May 23, the Energ...
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Shell evacuates offshore workers ahead of storm
28 May 2018, News Wires – Shell says it has evacuated offshore workers from two of its platforms in the U.S. Gulf of Mexico ahead of the tr...
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Petronas completes LNG cargo sale through online trading platform
28 May 2018, News Wires – Malaysian energy giant Petronas’ unit, Petronas LNG (PLL) completed the first sale of a liquefied natural gas (LN...
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Rosneft to supply LNG to Ghana
28 May 2018, News Wires – Russia’s Rosneft signed a deal with the Ghana National Petroleum Corporation (GNPC) for an annual delivery of 1.7...
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$16bn power projects fund shared among Obasanjo’s friends- Orji Kalu
OpeOluwani Akintayo 28 May 2018, Sweetcrude, Lagos — The Former governor of Abia state, Orji Kalu has alleged that the controversial $16 bi...
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EKEDC to sue retired army general for attempted murder
OpeOluwani Akintayo 28 May 2018, Sweetcrude, Lagos — The Eko Electricity Distribution Company, EKEDC has threatened to sue a retired army g...
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Rivers Gov demands payment of 13% derivation from $1bn ECA
Mkpoikana Udoma 28 May 2018, Sweetcrude, Port Harcourt — Rivers State Governor, Nyesom Ezenwo Wike, says oil-producing states should be pai...
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OPEC daily basket price close at $74.87 per barrel
28 May 2018, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $74.87 a barrel on Friday, compared with $7...
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Oil discovery in frontier basins, refineries’ repair, basis for NNPC survival
Ike Amos 28 May 2018, Sweetcrude, Abuja — The Nigerian National Petroleum Corporation (NNPC), Sunday, said its long-term survival is based ...
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Tanzania: Govt says talks on liquefied gas project still in progress
27 May 2018, Dodoma, Tanzania — The government has said it is still holding discussions with investors on the planned Liquefied Natural Gas...
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Angola: Credit Suisse Bank grants Angola U.S.$700 million loan
27 May 2018, Sweetcrude, Luanda — A financial agreement estimated at 700 million US dollars was approved in Presidential Order for the fina...
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Angola: BNA reduces banks’ mandatory reserves from 21 to 19 percent
27 May 2018, Sweetcrude, Luanda — The National Bank of Angola (BNA) on Friday decided to reduce the mandatory national currency reserves fr...
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Lagos - Improved margins and freight rates have boosted price offers for both heavy and sweet West African crude oil as at Friday, November ...
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Lagos - Improved margins and freight rates have boosted price offers for both heavy and sweet West African crude oil as at Friday, November ... -
Mkpoikana Udoma Port Harcourt - The Ijaw Youth Council, IYC worldwide has threatened to shut down the head office of the Niger Delta Develop...