An employee talks on a radio aboard the Agbami floating oil production, storage and offloading… Nigeria’s cash-strapped government is suing some of the world’s biggest oil companies on claims they Continue Reading
Oil storage Royal Dutch Shell (NYSE:RDS.A) and two other companies have acquired around 1 million barrels of Nigeria’s Forcados crude grade for delivery in late November, in what may be Continue Reading
Warri — The Niger Delta Greenland Justice Mandate (NDGJM) yesterday claimed it blew up an oil pipeline belonging to the Nigerian Petroleum Development Company (NPDC) in Delta State. The group Continue Reading
Rating lowered from B+ to B, outlook now stable from negative GDP seen contracting 1 percent in 2016, grow 2 percent in 2017 S&P Global Ratings downgraded Nigeria further into Continue Reading
Exxon said to be on brink of resumption of top Nigeria grade Libya lifts export restriction on ports halted for months Amid the most enduring global oil glut in decades, Continue Reading
The new OPEC Monthly Oil Market Report is out with crude only production numbers for August 2016. All charts are through August 2016. (Click to enlarge) OPEC crude only production Continue Reading
Senegal may be situated in the hot spot for oil and gas discoveries offshore, an Australian energy company said. Photo by project1photography/UPI/Shutterstock PERTH, Australia, Sept. 14 (UPI) — Emerging oil Continue Reading
Mobil Producing Nigeria Unlimited, a unit of ExxonMobil, will resume shipment of Qua Iboe crude, Nigeria’s largest grade of crude oil in October, three months after the company had declared Continue Reading
The federal government and the oil and gas-producing companies operating in the country may have lost about $3billion to the bombing of Forcados pipeline that conveys Forcados grade of crude Continue Reading
As a N145 per-litre petrol has the same calorific value of energy with a N90 per-standard cubic metre of Compressed Natural Gas (CNG), Ejiofor Alike suggests that the federal government Continue Reading
