Oil Price Jumps Toward $34 on Potential Production Cuts
Oil price leaped on Thursday, January 28, after a Russian official said Saudi Arabia had proposed…
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Nigeria Anti-Corruption war : Buhari promises to probe NNPC, Customs
Nigeria Anti-Corruption war : President Muhammadu Buhari has promised to extend his administration’s ongoing anti-corrution…
Nigerian Oil Shakeup : 9 Billion Barrels Of Crude At Risk
Nigerian Oil Shakeup : Supermajors Shell and Italian Eni could be facing the loss of…
Chevron to sell 75 per cent of South African business
The move is aligned with Chevron’s US$15bn divestment programme. (Image source: Chevron) The multinational…
NLNG in the crosshairs, again
Criticism of NLNG’s generous tax holiday illustrates a number of points, writes Ed Reed…
Petrol : 10 ships arrive Lagos with petrol
Ten ships are waiting to discharge petrol at both Apapa and Tin-Can Island Ports in…
Shoreline Halts $500million Bond Issuance over Oil Price Crash
Shoreline Group, Nigerian oil producer, has halted plans to issue $500 million Eurobonds and also…
Shell’s Profits to Fall over Lingering Oil Price Plunge
Giant multinational oil company, Royal Dutch Shell is expected to report a near halving in profits…
Fresh Hope Rises For Africa’s Oil Sector As India Considers More Imports
The Indian Government is set to host 22 African countries, including Nigeria, at the India-Africa…
Nigerian Refineries: Port Harcourt, Kaduna refineries shut down
Nigerian Refineries: Report reaching us has it that the Nigerian National Petroleum Corporation, NNPC, has…