Oil toils after worst month in a decade
01 December 2018, News Wires — Oil toiled at a more than one-year low after its worst month in a decade on Friday, while most major markets...
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OPEC daily basket oil price closes at $59.29 per barrel
27 November 2018, Sweetcrude, Vienna, Austria — The price of OPEC basket of fifteen crudes stood at $59.29 a barrel on Monday, compared wit...
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African Oil Producers must support OPEC to restore market stability
30 November 2018, Johannesburg, South Africa — The African Energy Chamber urges the Organization of the Petroleum Exporting Countries and o...
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Delta State won’t support plot to disrupt Oil surveillance contract – Okowa
Vincent Toritseju 30 November 2018, Sweetcrude, Lagos — FOLLOWING plans by some yet to be identified individuals to disrupt oil surveillanc...
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Kuwait Petroleum Corp renews contract to supply Lebanon with gas oil -KUNA
30 November 2018, News Wires — Kuwait Petroleum Corporation has renewed its contract with Lebanon’s energy ministry to supply Lebanon’s sta...
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Bulgarian miners march to protect coal production
30 November 2018, News Wires — Miners and workers at Bulgaria’s largest coal-fired power plant Maritsa East 2 marched in Sofia on Thursday ...
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Brazil’s incoming minister says transfer of rights deal difficult to close this year
30 November 2018, News Wires — Brazil’s future finance minister, Paulo Guedes, says it was unlikely the state-run oil firm Petroleo Brasile...
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Iraq’s Basra Gas Co output to increase 17 percent by end-2018: ministry
30 November 2018, News Wires — Output from Iraq’s Basra Gas Company (BGC) is expected to reach 1,050 million standard cubic feet per day (m...
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Britain’s support for Arctic oil and gas incompatible with climate goals -lawmakers
30 November 2018, News Wires — Britain’s support for oil and gas exploration in the Arctic is incompatible with its international climate c...
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South Africa agrees to process some gas, oil exploration licences – minister
30 November 2018, News Wires — South Africa will relax a moratorium on gas and oil exploration licences implemented earlier this year to al...
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Saudi energy minister goes to OPEC with a weak hand
30 November 2018, News Wires — Saudi Arabia’s energy minister, Khalid al-Falih, must play a bad hand of cards as well as he can at next wee...
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Nigeria’s oil production down 70,000b/d in October
OpeOluwani Akintayo 30 November 2018, Sweetcrude, Lagos — Nigeria’s crude oil and condensate production was down by about 70,000 barrels p...
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NNPC debunks report on 70,000 staff capacity
OpeOluwani Akintayo 30 November 2018, Sweetcrude, Lagos — The management of the Nigerian National Petroleum Corporation, NNPC, has clarifi...
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Nigeria imports over 4bltrs of petrol Q3 2018
OpeOluwani Akintayo 30 November 2018, Sweetcrude, Lagos — The petroleum products importation statistics for third quarter, Q3, 2018 reflec...
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Kaduna Electric takes energy efficiency campaign to secondary schools
30 November 2018, Sweetcrude, Lagos — Kaduna Electricity Distribution Company has commenced knowledge sharing campaigns through formation o...
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NSE trading: Forte Oil leads as Oando equity price drops
29 November 2018, Sweetcrude, Lagos — Thursday’s trading for energy companies at the Nigerian Stock Exchange, NSE, ended with Forte Oil top...
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Oil rises after Russia leans towards output cut
29 November 2018, News Wires — Oil reversed course and rose on Thursday, after industry sources said Russia had accepted the need to cut pr...
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Consumer Protection Council calls out Discos over arbitrary billing
*Pushes for aggressive metering OpeOluwani Akintayo 29 November 2018, Sweetcrude, Lagos — The Consumer Protection Council, CPC has condemne...
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Chevron Nigeria Limited to deworm 45,000 children in Delta
Lucky Omas 29 November 2018, Sweetcrude, Warri, Delta — Chevron Nigeria Limited has unveiled plans to deworm 45,000 children in Delta state...
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70,000 EKEDC customers fail to recharge pre-paid meters in one year
OpeOluwani Akintayo 29 November 2018, Sweetcrude, Lagos — Eko Electricity Distribution Company, EKEDC, has cried out over the refusal of mo...
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Russian economy ministry sees rouble weakening gradually in long term
29 November 2018, News Wires — The Russian economy ministry, in a set of forecasts until 2036 released on Wednesday, said it expects the ro...
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Biofuel credits rise on Reuters report Trump assessing waiver program – traders
29 November 2018, News Wires — U.S. renewable fuel credits (d6) for 2018 rose roughly 4 cents on Wednesday on a Reuters report that Trump a...
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Brazil’s Petrobras ceases participation in several oil fields
29 November 2018, News Wires — Brazil’s state-controlled oil company Petroleo Brasileiro SA said Wednesday it had signed agreements to ceas...
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Germany sticks to Nord Stream 2 pipeline despite Ukraine crisis
29 November 2018, News Wires — Germany is still committed to the NordStream 2 pipeline, which will allow Russia to bypass Ukraine in transp...
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1,032 beneficiaries clinch Shell Nigeria’s 2018 scholarship
Mkpoikana Udoma 29 November 2018, Sweetcrude, Port Harcourt — The Shell Petroleum Development Company Limited, SPDC, on Tuesday awarded 1,0...
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Benin, Burundi, Malawi, Uganda & Zambia de-risk renewable energy projects
*In 2018, Regional Liquidity Support Facility (RLSF) supported a 7.5 MW Solar PV plant in one of the four partner countries, which will add...
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Nigerian govt to partner Saudi Arabia to revamp Nigeria’s refineries
Ike Amos 29 November 2018, Sweetcrude, Abuja — The Minister of State for Petroleum Resources, Mr. Ibe Kachikwu Wednesday, stated that Niger...
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NPA seeks ISO 9001 certification for ports
Sam Ikeotuonye 29 November 2018, Sweetcrude, Lagos — The Nigerian Ports Authority, NPA, says it has “started aggressive efforts” aimed at a...
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Energia ex-workers tackle company over disengagement
29 November 2018, Sweetcrude, Lagos — About 32 ex-workers of an indigenous oil and gas producing company, Energia Limited, have levelled va...
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Ogoni Cleanup: Netherland Ambassador Urges FG To Expedite Action
28 November 2018, Sweetcrude, Lagos — The Netherland Ambassador to Nigeria, Mr Robert Petri, has urged the Federal Government to immediatel...
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Power outages in Edo, Ondo, Ekiti, Delta states temporary – BEDC
28 November 2018, Sweetcrude, Lagos — The Benin Electricity Distribution Company (BEDC) has assured its consumers in Edo, Ondo, Ekiti and D...
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Oando equity price drops, Forte Oil gains
28 November 2018, Sweetcrude, Lagos — Wednesday’s trading activities on the floor of the Nigerian Stock Exchange for energy companies ended...
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Oil falls below $60 on tenth straight U.S. crude build
28 November 2018, News Wires — Oil slipped below $60 a barrel on Wednesday, continuing a recent run of losses, after U.S. crude inventories...
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Petrobras 2019-23 investment will surpass $74.5 bln of previous plan -sources
28 November 2018, News Wires — Investment by Brazil’s state-run oil company Petroleo Brasileiro SA (Petrobras) in its 2019-2023 business pl...
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Dismantling the oil industry: rough North Sea waters test new ideas
28 November 2018, News Wires — Scottish marine salvage group Ardent is adapting the tanks it used to refloat the Costa Concordia, the cruis...
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Colombia’s Ecopetrol sets 2019 investment at $3.5-$4 billion
28 November 2018, News Wires — Colombian state-run oil company Ecopetrol said on Tuesday it will invest between $3.5 billion and $4 billion...
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Nigerian govt awards mining contracts to 10 exploration companies
*Offers tax, duty-free holiday to mining companies *$100m intervention fund OpeOluwani Akintayo 28 November 2018, Sweetcrude, Lagos — The F...
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Nigeria’s Bonny Light export to drop to over 200,000 b/d in January
OpeOluwani Akintayo 28 November 2018, Sweetcrude, Lagos — Nigeria’s high-quality crude oil, Bonny Light will witness a drop in export to ov...
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Ogoni cleanup: MOSOP gives HYPREP ultimatum over water
Mkpoikana Udoma 28 November 2018, Sweetcrude, Port Harcourt — The Movement for the Survival of the Ogoni People, MOSOP, has issued the Hydr...
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German oil industry has no plans to demand releases from reserve
28 November 2018, News Wires — Germany’s oil industry has no plans to demand the release of more oil products from national reserves to he...
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Gazprom Neft’s thirst for oil shows Russian dilemma on OPEC pact
28 November 2018, News Wires — In the green-to-golden steppe some 1,500 km east of Moscow, a unit of Gazprom Neft, Russia’s third-biggest o...
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Seadrill CEO sees 2019 as another challenging year
28 November 2018, News Wires — The coming year will be another challenging one for offshore drillers due to a surfeit of rigs even though p...
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Yamal LNG vessels to make up to 160 transfers in Norwegian waters by mid-2019
28 November 2018, News Wires — Northern Norway’s small port of Honningsvag will host between 150 and 160 ship-to-ship transfers of liquefie...
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Malaysia’s Petronas sets up team for renewable energy push
28 November 2018, News Wires — Malaysian state-owned oil and gas firm Petroliam Nasional Berhad, or Petronas, has set up a new business wit...
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RGU ergonomics researchers could save offshore wind farms £1bn
28 November 2018, Sweetcrude, Lagos — Robert Gordon University (RGU) is collaborating closely with Scottish company Span Access Solutions L...
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Macroeconomic factors make China significant market for oil & gas companies
28 November 2018, Sweetcrude, Lagos — China’s swelling demand for oil and gas for domestic consumption and heavy dependency on imports make...
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Saudi Aramco to become gas exporter with $150bn investment drive
28 November 2018, Dubai — Saudi Aramco’s gas expansion strategy needs $150 billion worth of investments over the next decade as the company...
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Weekly SweetcrudeReports November 28, 2018
Read the Weekly SweetcrudeReports – Nigeria’s oil production down 70,000b/d in October DOWNLOAD IT DOWNLOAD IT More »
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The language of oil and gas gets a boost
27 November 2018, Sweetcrude, Lagos — Efforts at communicating issues in the oil and gas sector to stakeholders has received a boost with t...
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Saudi Electricity to set up power generation subsidiary
27 November 2018, News Wires — Saudi Electricity Co plans to establish a power generation subsidiary, pending shareholder approval, a step ...
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Mkpoikana Udoma Port Harcourt - The Ijaw Youth Council, IYC worldwide has threatened to shut down the head office of the Niger Delta Develop... -
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