Major Oil Marketers Want Alternative Energies as Petrol Landing Cost Soars
As landing cost of petrol soars and reports of possible partial return of subsidy heightens,...
Oil & Gas
Saudi Arabia, Russia to sSustain 1m Barrel Oil Cut Till End of December
Saudi Arabia and Russia reaffirmed that they will stick with oil production curbs of more...
NNPCL 80% Ready for IPO, Says Kyari
The Group Chief Executive Officer(GCEO) of the Nigerian National Petroleum Company Limited, (NNPCL), Mele Kyari...
OPEC Reviews Members Production Data as Oil Prices Drop to $89.36/brrl
Organisation of Oil Petroleum Exporting Countries, OPEC, in what seems like a panic mode has...
High Interest Rates, Strong Dollar Caps Oil at $90 a Barrel
Brent crude dipped on Wednesday ahead of a meeting of the OPEC+ ministerial council, as...
Host community in A’ Ibom Demands Payment of N250bn Compensations From oil Firms
….Threatens to shut firms operations for shunning meetings Concerned citizens of Iko Town Association in...
PENGASSAN Withdraws Members Amid Controversial Eni/Agip-Oando Deal
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has withdrawn its members...
Oando Acquires 100% Of Agip In Multi-Billion Deal
Oando Plc said it has acquired 100 per cent of the shares of ENI in...
PENGASSAN members stage mass withdrawal amid controversial Eni/Agip-Oando deal
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has withdrawn its members...
Oil Dips Over Weak Economic Data In US, China
The crude oil market continues its bearish session with declining prices as a result of...
