Nigeria National Petroleum Corporation saves $3bn from arbitrations
Ike Amos Abuja - The Nigerian National Petroleum Corporation, NNPC, Tuesday, said it has saved the country over $3 billion from arbitrations...
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West Africa crude offers continue rise on margins, freight
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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South Africa’s PetroSA eyes Russia for $359 million farmout deal
Cape Town/Moscow - South Africa’s national oil company PetroSA and Russia’s state geological company Rosgeologia are in talks to finalize a ...
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Med crude-Urals diffs steady during Russian holiday
London - Urals crude oil differentials were steady on Monday amid a Russian public holiday. PLATTS WINDOW * There were no bids or offers in ...
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Ijaw youths vow to shutdown NDDC over interim committee
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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Venezuela’s oil exports top 800,000 bpd for a second month, drains surplus -data
Mexico City - Venezuela’s oil exports eased in October, but surpassed 800,000 barrels per day (bpd) for second month in a row, helping to dr...
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Oil & gas book has an eye on the future
*Billions at Play has also been hailed by OPEC Secretary General Mohammad Sanusi Barkindo JOHANNESBURG, South Africa - Talking about energy ...
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Iran’s Zanganeh sees more output cuts by OPEC at next meeting -report
Dubai — Iranian Oil Minister Bijan Zanganeh was quoted as saying on Monday that he expects further production cuts to be agreed at the next ...
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UK shale gas explorers’ shares fall on fracking moratorium
t) London — Shares in British shale gas explorers fell on Monday morning after the government announced at the weekend that it is imposing a...
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OML11: Abia communities hold prayer summit against SPDC
Mkpoikana Udoma Port Harcourt — Host communities of OML11 in Abia State, on Monday held a prayer summit against the operations of the Shell ...
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OPEC daily basket oil price closes at $60.19 per barrel
Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $60.19 a barrel on Friday, compared with $60.52 the previous day, acc...
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Kosmos Energy finds oil off Equatorial Guinea -oil ministry
Cape Town — U.S. oil company Kosmos Energy has made an oil discovery at its S-5 well offshore of Equatorial Guinea, hitting 39 metres of net...
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Oil prices stabilise, but set for big weekly loss amid trade gloom, rising output
Tokyo — Oil prices steadied on Friday after a rough week, squeezed about 4% lower by a combination of rising global supply and uncertain fut...
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Oil exploration: Economist seeks more funding for N/Delta development
Mkpoikana Udoma Port Harcourt — The Institute of Chartered Economists of Nigeria, ICEN, has appealed to the Federal Government to appropriat...
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Oil prices dip as U.S. crude stocks and weak Chinese data weigh
London — Oil prices came under pressure on Thursday from rising U.S. crude oil stocks and weak factory activity in China, with few bullish f...
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Oil prices dip as U.S. crude stocks and weak Chinese data weigh
LONDON — Oil prices came under pressure on Thursday from rising U.S. crude oil stocks and weak factory activity in China, with few bullish f...
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OPEC daily basket oil price closes at $61.24 per barrel
Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $61.24 a barrel on Wednesday, compared with $61.44 the previous day, ...
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Ijaw youths reject NDDC management, demand Akpabio’s sack over interference
Mkpoikana Udoma Port Harcourt — The Ijaw Youth Council, IYC worldwide has called for the immediate sack of the Minister of Niger Delta Affai...
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AfDB approves $165 million for Angola’s economic diversification
*The Angolan government is implementing reforms to diversify its oil-dependent economy ABIDJAN, Ivory Coast — The Board of Directors of the ...
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NDDC steps up work on N6 billion 132KV power project in Ondo
Mkpoikana Udoma Port Harcourt — The Niger Delta Development Commission, NDDC, says it has stepped up work on the N6billion 132KV transmissio...
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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 ...
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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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Mkpoikana Udoma 10 May 2017, Sweetcrude, Port Harcourt – Four families in Omoku town in Ogba/Egbema/Ndoni Local Government Area of Rivers S...
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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... -
Lagos - Improved margins and freight rates have boosted price offers for both heavy and sweet West African crude oil as at Friday, November ...