Ijaw women demand restructuring, want NDDC scrapped
Mkpoikana Udoma 28 February 2019, Sweetcrude, Port Harcourt — Niger Delta women under the auspices of Kalabari-Ijaw Mothers and Daughters, ...
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Oando, Japaul lose at Thursday’s trading
28 February 2019, Sweetcrude, Lagos — Trading activities on the floor of the Nigerian Stock Exchange for energy companies saw a drop in the...
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Oil prices ease as trade talks drag, China’s economy shows weakness
01 March 2019, New York — Benchmark Brent oil fell while U.S. crude futures steadied on Thursday as U.S.-China trade tensions persisted, th...
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Nigeria makes progress, attains highest ranking in global EITI
Ike Amos 28 February 2019, Sweetcrude, Abuja — The International Board of the Extractive Industry Transparency Initiative, EITI, Wednesday, ...
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Nigeria’s April crude oil export to hit 853,000 barrels p/d
OpeOluwani Akintayo 28 February 2019, Sweetcrude, Lagos — Nigeria’s crude oil export is slowly rising towards its target, as new loading sc...
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Total Nigeria announces winners for 2018/2019 Startupper Challenge
Opeoluwani Akintayo 28 February 2019, Sweetcrude, Lagos — Total Nigeria has announced winners for its 2018/2019 Startupper of the Year Chal...
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Bahrain talking to U.S. oil companies about tight oil deal – minister
28 February 2019, Manama — Bahrain is talking to U.S. oil companies with shale oil expertise about developing a huge oil and gas field disc...
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Colombia’s Ecopetrol says net profit up 74.6 percent in 2018 to $3.72 bln
28 February 2019, Bogota — Ecopetrol, Colombia’s state-run oil company, said on Tuesday its net profit in 2018 was 11.55 trillion pesos ($3...
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Saudi Aramco adds Goldman Sachs as bookrunner for planned bond: sources
28 February 2019, Dubai — Saudi Aramco has added Goldman Sachs as a bookrunner for a planned bond which will help finance its purchase of a...
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Peru to fix oil pipeline after deal with indigenous community
28 February 2019, Lima — State-owned energy company Petroperu will start repairing its ruptured pipeline in the Peruvian Amazon on Wednesda...
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Saudi’s Falih warns of policies undermining oil, gas development
28 February 2019, London — Saudi Energy Minister Khalid al-Falih said on Wednesday that more energy investment was needed to meet future de...
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U.S. LNG exporter Cheniere sues former CEO Souki
28 February 2019, News Wires — Cheniere Energy Inc, the largest U.S. liquefied natural gas exporter, said on Tuesday it sued its former cha...
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Shell aims to boost gas output from Norway’s Ormen Lange field
28 February 2019, Oslo — Output from Shell-operated Ormen Lange, Norway’s second-largest gas field and one of the key external gas supply s...
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China plans new state pipeline company in massive energy reshuffle
28 February 2019, Singapore — China will announce a plan this year to form a national oil and gas pipeline group combining the long-distanc...
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Congo’s former president awarded oil block in UNESCO heritage site
28 February 2019, Kinshasha — Former Democratic Republic of Congo President Joseph Kabila in December awarded an oil drilling licence that ...
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ExxonMobil adds 4.5 billion barrels to reserves in 2018
28 February 2019, News Wires — Exxon Mobil Corp said on Tuesday its oil and gas reserves rose nearly 23 percent last year, driven mainly by...
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NERC adds 6 new firms to ‘No Objection’ list
OpeOluwani Akintayo 28 February 2019, Sweetcrude, Lagos — The number of firms granted ‘No Objection’ in the Meter Access Providers, MAP, sc...
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OPEC signals cuts continuity in response to Trump
OpeOluwani Akintayo 28 February 2019, Sweetcrude, Lagos — The Organization of the Petroleum Exporting Countries, OPEC, has indicated its u...
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NSE: Oando, Eterna, Japaul record losses
27 February 2019, Sweetcrude, Lagos — Trading in the energy category of the Nigerian Stock Exchange, NSE, ended on Wednesday with Oando, Et...
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Seplat releases 2018 full financial report
OpeOluwani Akintayo 27 February 2019, Sweetcrude, Lagos — Seplat Petroleum Development Company Plc has released its full year 2018 financi...
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Oil gains as OPEC defies Trump and sticks to supply cuts
27 February 2019, London — Oil rallied for a second day on Wednesday, buoyed by an unexpected decline in U.S. crude inventories and after S...
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Community threatens to shut down Chevron’s Utonana field
Lucky Omas 27 February 2019, Sweetcrude, Warri, Delta State — The Kokodiagbene community in Delta State has threatened to shut down operati...
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Weekly SweetcrudeReports February 27, 2019
Read the Weekly SweetcrudeReports – Port terminal operators, shipping firms impose new illegal levies DOWNLOAD IT DOWNLOAD IT More »
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Brazil’s Petrobras Distribuidora gets profit boost from Eletrobras privatizations
petrobra27 February 2019, Rio De Janeiro — Petrobras Distribuidora SA, the distribution unit of Brazilian state-run oil firm Petroleo Brasi...
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Fitch places CITGO Petroleum, parent firm on rating watch negative
27 February 2019, News Wires — Ratings agency Fitch on Monday placed the U.S. subsidiary of Venezuela’s state-owned PDVSA, CITGO Petroleum ...
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Seadrill eyes brighter rig market as Q4 boosted by lower costs
27 February 2019, Oslo — Seadrill’s core earnings for the fourth quarter exceeded the company’s own guidance, boosted by lower costs and on...
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Saudi Arabia to boost oil exports to China with strategy shift
27 February 2019, London — Saudi Arabia is set to boost crude exports to China in 2019 as demand there grows and after Saudi Aramco shifted...
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Gazprom grabs record share of Europe gas market despite challenges
27 February 2019, Moscow — Russia’s Gazprom increased its share of the European gas market last year despite a rising challenge from import...
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Brazil oil regulator to investigate Petrobras oil spill
27 February 2019, Sao Paulo — Brazil’s oil regulator said on Monday that is has started an investigation into an oil spill at an offshore p...
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Aramco CEO says oil industry facing ‘a crisis of perception’
27 February 2019, London — Saudi Aramco’s chief executive said on Tuesday the oil industry is facing “a crisis of perception” and the views...
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Libya’s recognised govt agrees with state oil firm to reopen El Sharara oilfield
27 February 2019, News Wires — Libya’s internationally recognised government has agreed with state oil firm NOC on steps to reopen the El S...
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44 eligible customers demand for 600 megawatts of electricity
*GenCos urged to sell stranded 2000MW to eligible customers *Discos urged to embrace regulation OpeOluwani Akintayo 26 February 2019, Sweet...
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Iran Oil Minister Zanganeh not resigning – spokesman
27 February 2019, Geneva — Iran’s Oil Minister Bijan Zanganeh is not resigning, a spokesman for his ministry said on Tuesday, according to ...
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CISLAC, stakeholders task HYPREP on best standard for Ogoni cleanup
Mkpoikana Udoma 27 February 2019, Sweetcrude, Port Harcourt — The Civil Society Legislative Advocacy Centre, CISLAC, has tasked the Hydroca...
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Elections: Buyers abandon Nigerian crude for Angola’s
OpeOluwani Akintao 27 February 2019, Sweetcrude, Lagos — Uncertainty caused by Nigeria’s elections delay has cost the nation lower crude oi...
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Ogoni demand revocation of Shell’s OML11 license
Mkpoikana Udoma 27 February 2019, Sweetcrude, Port Harcourt — The Movement for the Survival of Ogoni People, MOSOP, has described the condu...
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OPEC, allies to maintain output cuts despite Trump’s criticism – source
27 February 2019, London — OPEC and its allies will continue with their agreement to cut oil supply, pushing for more adherence despite a d...
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Shell says Nigeria tax claims may delay major offshore field
27 February 2019, Lagos — Royal Dutch Shell said on Tuesday that Nigeria’s claims that it was owed billions in taxes could delay the develo...
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Oil edges up to $65 as OPEC seen rebuffing Trump pressure
26 February 2019, London — Oil edged up to $65 a barrel on Tuesday as OPEC was expected to stick to its production cuts despite pressure fr...
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OPEC daily basket price close at $65.36 per barrel
26 February 2019, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $65.36 a barrel on Monday, compared wi...
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Dutch gas company NAM to close Grijpskerk storage facility in Q4 2021
26 February 2019, News Wires — Dutch gas company NAM intends to close its Grijpskerk gas storage facility in the fourth quarter of 2021, wh...
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Gazprom exports chief Medvedev and another deputy CEO to leave
26 February 2019, Moscow — Alexander Medvedev, Gazprom’s long-standing deputy chief executive, who oversaw an increase in gas exports to Eu...
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Azerbaijan wants stable oil price before any further output cut
26 February 2019, Baku — Azerbaijan, the third-biggest former Soviet oil producer, wants to see stability in oil prices before deciding whe...
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ConocoPhillips shuts down Suban gas field for planned maintenance
26 February 2019, Jakarta — ConocoPhillips Grissik Ltd, a unit of U.S. oil and gas company ConocoPhillips, shut down the Suban gas field in...
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China CNOOC says offshore gas discovery has over 100 bcm proven reserve
26 February 2019, News Wires — China’s offshore oil and gas driller CNOOC Ltd said on Monday an offshore natural gas discovery, Bozhong 19-...
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Maersk Drilling eyes listing in recovering drilling market
26 February 2019, Copenhagen — Drilling rig contractor Maersk Drilling, which will soon list on the Copenhagen stock exchange, said the off...
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Chevron’s Gorgon LNG export plant train 3 in Australia back online -sources
26 February 2019, News Wires — Chevron Corp’s Gorgon liquefied natural gas (LNG) export plant in Australia brought its train 3 back online ...
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Crude and politics mingle as Saudi crown prince visits India, China: Russell
26 February 2019, Singapore — Trade and investment were the reported themes of Saudi Crown Prince Mohammed bin Salman recent visits to Indi...
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Our Sea Swift platform is a game changer in Nigeria – Aquaterra boss
26 February 2019, Sweetcrude, Lagos — Helping offshore oil and gas industry increase efficiencies and reduce costs, through a range of prod...
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China Jan crude oil imports from Russia rise 25 pct -customs
26 February 2019, Beijing — Russia remained China’s largest crude oil supplier in January, with imports rising 25 percent year on year to h...
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Global LNG trade to rise 11 percent this year: Shell
26 February 2019, London — Global liquefied natural gas (LNG) trade will rise 11 percent to 354 million tonnes this year as new facilities ...
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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...