oil
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Global News
New opportunity begging for African nations to service the Indian oil and gas market
India, the world’s third biggest oil importer, has asked state oil refiners to speed up the diversification of oil imports…
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Oil and Gas
OPEC stopped $1.3bn barrels supply to raise oil prices – Barkindo
The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, yesterday highlighted the role played by the…
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News
PIB: Oil majors jittery over offshore investments
International energy companies working in Nigeria are worried that proposals in the country’s long-delayed Petroleum Industry Bill (PIB) oil industry…
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News
NNPC mourns late pioneer MD
His Achievements Will Be Beacon of Inspiration for Generations – GMD The Group Managing Director of the Nigerian National Petroleum…
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News
Breaking News: NNPC reviews Bids from 96 Firms for Downstream Infrastructure Upgrade
The Nigerian National Petroleum Corporation, NNPC, has received bids from no fewer than 96 companies who have indicated indicated interest…
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News
NNPC to abide with OPEC+ Agreement – GMD
…To Focus More on Gas, Condensats for Revenue GrowthThe Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide…
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News
Nigeria’s new deepwater royalties, Finance Act eroded value of oil assets, says Total MD
Total Exploration and Production Nigeria Limited has said the deepwater royalties stipulated in the amended Deep Offshore and Inland Basin…
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News
TMC Compressors to supply Offshore Compressors to Shell’s Bonga PFSO
Shell Nigeria Exploration and Production Co. (SNEPCo) has contracted TMC Compressors to supply a complete offshore topside compressed air system…
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News
NNPC in talks to raise $1bn to revamp Port Harcourt Refinery
Nigeria’s state oil firm NNPC is in talks to raise around $1 billion in a prepayment with trading firms to…
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News
Member and non-member countries reduced oil supply by 1.9 bn barrels in 2020 – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says that Nigeria and other member and non-member nations of reduced global crude…
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