Total, Japaul end week’s trading with losses
31 August 2018, Sweetcrude, Lagos — Total and Japaul Petroleum ended this week’s trading at the Nigerian Stock Exchange for energy companie...
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EU ends trade controls on Chinese solar panels
31 August 2018, News Wires — The European Union will end restrictions on the sale of solar panels from China early next week in a move that...
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Privatisation planning hits earnings at Dutch energy firm Eneco
31 August 2018, News Wires — Dutch energy company Eneco reported a sharp fall in first-half operating earnings on Friday, blaming costs rel...
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Danger to oil demand from trade wars may offset price boost from Iran: Reuters poll
31 August 2018, News Wires — Oil analysts cut their price forecasts for 2018 for the first time in almost a year in August, given growing co...
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Pipeline politics leave Canada’s prime minister in peril
31 August 2018, News Wires — With one surprise court ruling, Canadian Prime Minister Justin Trudeau faces the risk of contesting next year’...
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Nigeria National Petroleum Corporation to get new revenue template
OpeOluwani Akintayo 31 August 2018, Sweetcrude, Lagos — The Federation Accounts Allocation Committee, FAAC said on Thursday that a new reve...
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How petrol tanker fire destroyed properties worth billions in PH
Mkpoikana Udoma 31 August 2018, Sweetcrude, Port Harcourt — An early morning fire incident caused by a petrol tanker has destroyed properti...
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Nigerian Electricity Regulatory Commission issues 144 licenses since 2007
OpeOluwani Akintayo 31 August 2018, Sweetcrude, Lagos — The Nigerian Electricity Regulatory Commission, NERC, has issued 144 licenses since...
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Court quashes Canadian approval of Trans Mountain oil pipeline
31 August 2018, News Wires — A Canadian court on Thursday overturned approval of the Trans Mountain oil pipeline expansion, ruling that Ott...
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Japan halts imports of Iranian oil under US pressure
31 August 2018, Sweetcrude, Lagos — Japanese oil companies will stop importing oil from Iran in accordance with the U. More »
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OPEC daily basket crude prices close at $75.72 per barrel
31 August 2018, Sweetcrude, Vienna, Austria — The price of OPEC basket of fifteen crudes stood at $75. More »
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Kenya’s parliament approves retaining interest rate cap, against IMF wishes
31 August 2018, Nairobi — The Kenyan parliament voted on Thursday to retain the cap on commercial interest rates which the International M...
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Aker Energy to start Ghana drilling in Oct, eyes development plan in 2019
31 August 2018, News Wires — Norwegian oil firm Aker Energy will delay submitting a plan for development of its block off Ghana until early...
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Nigeria’s power sector records 25 deaths in Q3 2017
OpeOluwani Akintayo 31 August 2018, Sweetcrude, Lagos — Nigeria’s power sector recorded a total of 25 deaths in the third quarter of 2017, ...
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OPEC, non-OPEC partners record 109% pledged oil cut in July
OpeOluwani Akintayo, with agency report 30 August 2018, Sweetcrude, Lagos — The Organization of the Petroleum Exporting Countries, OPEC, sa...
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NNPC Lagos pipeline vandalised
…Vandals caught with 60,000 litres of petrol OpeOluwani Akintayo 31 August 2018, Sweetcrude, Lagos — A pipeline in Lagos belonging to the N...
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Get more involved in oil & gas, Wabote tells lawyers
OpeOluwani Akintayo 31 August 2018, Sweetcrude, Lagos — Nigerian lawyers have been enjoined to get more involved in the ongoing reforms in ...
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Japaul leads Thursday’s trading among energy companies
30 August 2018, Sweetcrude, Lagos — Japaul Oil led Thursday’s trading activities on the floor of the Nigerian Stock Exchange for energy com...
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OPEC, non-OPEC seek to formalize oil policy coordination: draft charter
30 August 2018, News Wires — OPEC and non-OPEC oil producers will aim to formalize their long-term cooperation later this year by approving...
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Oil rises on Iran sanctions, lower U.S. fuel inventories
30 August 2018, News Wires — Oil prices rose on Thursday, extending gains on growing evidence of disruptions to crude supply from Iran and ...
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Diesel guzzler Indian Railways turns to natural gas to cut cost
30 August 2018, News Wires — India’s state railways on Thursday signed a preliminary deal with gas firm GAIL (India) Ltd to use natural gas...
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Local industry may back up fragile power supply to Norway’s Nyhamna gas plant
30 August 2018, News Wires — Norway’s Nyhamna gas processing plant, which feeds Britain with gas through the North Sea’s biggest pipeline, ...
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Hellenic Petroleum second-quarter core profit drops on weaker refining margins
30 August 2018, News Wires — Hellenic Petroleum, Greece’s biggest oil refiner, reported on Thursday an 18 percent drop in second-quarter co...
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OPEC daily basket crude price closes at $74.48 per barrel
30 August 2018, Sweetcrude, Vienna, Austria — The price of OPEC basket of fifteen crudes stood at $74. More »
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Petrol tanker fire destroys properties worth billions in Port Harcourt
Mkpoikana Udoma 30 August 2018, Sweetcrude, Port Harcourt — An early morning fire incident caused by a petrol tanker has destroyed properti...
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Chevron urged to recruit 151 of its trainees in Egbema, Gbaramatu
Lucky Omas 30 August 2018, Sweetcrude, Warri, Delta State — Chevron Nigeria Limited has been urged to formerly recruit 151 trainees of its ...
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Clarke Energy emerges preferred bidder for Symbion Power’s Lake Kivu power projects
*To create new jobs in Rwanda to service GE’s Jenbacher gas engines * Clarke Energy to Provide Approximately 25 of GE’s Jenbacher Gas Engin...
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Equinor bets on offshore wind as European oil firms push green agenda
30 August 2018, NewsWires — Norway’s Equinor is focusing its green efforts on offshore wind, a goal it is already on its way to achieve, bu...
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Bosnia adopts long-term energy strategy key to unlocking EU funds
30 August 2018, NewsWires — Bosnia’s central government adopted a long-term energy strategy on Wednesday after years of political wrangling...
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Gazprom’s second quarter profit soars on rising energy prices, sales
30 August 2018, NewsWires — Russian gas giant Gazprom reported a surge in second-quarter net profit, beating analysts’ expectations, as it ...
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NERC says metering, solution to revenue deficiency in power distribution
OpeOluwani Akintayo 30 August 2018, Sweetcrude, Lagos — Electricity market regulator, the Nigerian Electricity Regulatory Commission, NERC,...
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Discos beach metering agreement with BPE
…Four firms achieve 50% metering OpeOluwani Akintayo 30 August 2018, Sweetcrude, Lagos — Despite the call by Minister of Power Babatunde Fa...
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Power: Nigeria’s international customers, Ajaokuta Steel owe N21bn for Q3 2017
OpeOluwani Akintayo 30 August 2018, Sweetcrude, Lagos — Nigeria’s international customers and the Ajaokuta Steel, regarded as a special cus...
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Nigerian National Petroleum Corporation to set up oil bunkering subsidiary
Ike Amos 30 August 2018, Sweetcrude, Abuja — The Nigerian National Petroleum Corporation (NNPC), Wednesday, stated that it plans to set up ...
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Mini power grids bring promise of jobs to rural Nigerians – report
29 August 2018, Dakar — Nigeria is on the verge of a boom in mini power grids that could stimulate rural economies and bring jobs to frustr...
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Oil rises as U.S. stockpiles draw down, Iran exports fall
29 August 2018, New York — Oil prices rose about 1 percent on Wednesday, supported by a drawdown in U. More »
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Life after Coal & Greenpeace Africa slam inclusion of new coal in electricity plan
*The Life After Coal Campaign and Greenpeace Africa argue that the inclusion of an additional 1000 MW of new coal-fired power puts the Depa...
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Six ships expected in Port Harcourt with PMS, other products
Mkpoikana Udoma 29 August 2018, Sweetcrude, Port Harcourt — Six ships carrying various products including premium motor spirit, also known ...
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Maritime workers shut down shipping firm over unpaid salaries
Mkpoikana Udoma 29 August 2018, Sweetcrude, Port Harcourt — Maritime workers under the aegis of Maritime Workers Union of Nigerian and the ...
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Trelleborg showcases fire protection & thermal insulation materials at CMP
29 August 2018, Sweetcrude, Lagos — Trelleborg’s offshore operation will exhibit at the Congreso Mexicano del Petroleo (CMP) in Acapulco, M...
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Apapa gridlock persists one month after Osinbajo’s intervention
Vincent Toritseju 29 August 2018, Sweetcrude, Lagos — More than one month after Nigeria’s Vice President Yemi Osinbajo visited the ports in...
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ABB demonstrates digital future of power grid design and planning
*Innovative application on display at CIGRE 2018 uses Virtual Reality based technology to enable customers to “walk through” projects 29 Au...
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ABB to enable world’s largest digital substation in Belarus
*ABB Ability™ based technology will improve efficiency, safety, security and reliability in the world’s largest digital substation 29 Augus...
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31,760 tm of Cocoa, cocoa butter stuck on Lagos Port roads
Vincent Toritseju with agency report 29 August 2018, Sweetcrude, Lagos — About 30,000 metric tons of cocoa scheduled for export are present...
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Report shows market for mining trucks to grow till 2020
29 August 2018, Sweetcrude, Lagos — The global market for surface mining trucks is expected to grow steadily to 2020, primarily driven by t...
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Venezuela’s main oil port partially operating after tanker hits dock: sources
29 August 2018, News Wires — Venezuela’s main oil port of Jose is operating partially after a tanker collided with a dock at the weekend, c...
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U.S. energy companies fume over rejected steel tariff exemptions
29 August 2018, Houston, Texas — The U. More »
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Swiss court approves Gunvor ex-employee’s Congo bribery plea bargain
29 August 2018, News Wires — A Swiss court accepted a plea bargain on Tuesday from a former employee of energy trader Gunvor Group in relat...
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Weekly SweetcrudeReports/Guardian collaboration August 29 2018
Read the Weekly SweetcrudeReports/Guardian collaboration - $3. More »
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Trans-Ramos spill: Communities ask Shell to expand scope of impacted sites
Sam Ikeotuonye 29 August 2018, Sweetcrude, Lagos — Representatives of host communities impacted by the recent oil spill on the Trans Ramos ...
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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...