Kemp: Drilling Downturn Hits US Oil Consumption
LONDON, Jan 13 (Reuters) – Oil and gas production was one of the fastest-growing industries…
All Posts in "Oil, Gas & Power"
Oil Price Leaps For First Time In 8 Sessions On China, U.S. Stocks Draw
oil prices soared on Wednesday, January 13, as positive Chinese trade data and an unexpected…
NNPC Tanker Bursts Into Flames While Discharging Fuel In Abuja
NAN – A petrol tanker belonging to Nigerian National Petroleum Corporation (NNPC) with 45,000 litres…
Oil prices rebound after falling below $30 -The Guardian
Oil prices rebounded in Asia Wednesday, halting a plunge that saw crude fall below $30…
BP to Cut 600 North Sea Jobs by 2017
BP plc has stated that it will axe around 600 jobs from its North Sea…
Govt to enforce agreements with power firms
The Federal Government on Monday commenced moves to enforce all contractual agreements in the Nigerian…
Tumbling oil trades below $30 a barrel for first time in 12 years
Oil fell briefly below $30 a barrel on Tuesday, extending a relentless selloff that has…
FG, States to Build 800 Mega Filling Stations
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the Federal…
DPR seals 6 petrol stations in Ogun for selling above N86.50
The Department of Petroleum Resources and the Nigeria Security and Civil Defence Corps on Thursday…
FG Sets 2016 Oil Revenue Target At $4Bn On Declining Oil Prices
The federal government anticipates to earn N820 billion ($4 billion) from oil exports in 2016,…