74

Oil News

Renewable Energy Unlikely to Overtake Oil in Decades – Barkindo

By Chineme Okafor Abuja — The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammad Barkindo, has...

• BY admin
• June 19, 2019
• 0 Comments

Oil News

Navy Destroys 50 Illegal Refineries in Delta Creeks

By Chiemelie Ezeobi As part of its continuous fight against crude oil theft and pipeline vandalism in the Niger Delta,...

• BY admin
• June 19, 2019
• 0 Comments

Oil News

Nigeria’s daily oil production now 2.2mb at $22 per barrel...

Nigeria’s daily oil production has exceeded the 2.3 million barrel per day benchmark for the 2019 budget. The Group Managing...

• BY admin
• June 19, 2019
• 0 Comments

Oil News

Ascon Oil GMD laments over problems in Nigeria’s downstream sector

Jun 18, 2019 By Stephen U.C, Abuja Mrs. Grace Bose Olowofoyeku, the Group Managing Director (GMD) and Chief Executive of...

• BY admin
• June 17, 2019
• 0 Comments

Oil News

Seven banks sign $640m agreement to refinance Neconde Energy’s OML...

Jun 17, 2019 A consortium of seven local and international lenders has signed an agreement to refinance Neconde Energy Limited’s...

• BY admin
• June 17, 2019
• 0 Comments

Oil News

Africa set to be the top region for Chinese oil...

Jun 17, 2019 By the editor China’s national energy companies are set to channel more of their overseas investment to...

• BY admin
• June 17, 2019
• 0 Comments

Oil News

Tanzanian petrol prices up, diesel down as Shilling gains

Petrol prices have gone up across the country this month but prices for diesel imported in the country through Dar...

• BY admin
• June 15, 2019
• 0 Comments

Oil News

NNPC’s partner Pan Ocean builds longest oil pipeline in Africa

The contractor for Oil Mining Lease 147 in production sharing contract with the Nigerian National Petroleum Corporation (NNPC) Pan Ocean...

• BY admin
• June 15, 2019
• 0 Comments

Oil News

Standard Bank Predicts Increased Investment in Oil and Gas Sector

Africa is likely to experience continued oil and gas investment over the next three to five years as the stabilisation...

• BY admin
• June 15, 2019
• 0 Comments

Oil News

Chevron pulls out of South Africa

US major Chevron, has finally pulled out of South Africa. It is official. The company was never keen on the...

• BY admin
• June 15, 2019
• 0 Comments