8.3 C
New York
Wednesday, May 27, 2020
No menu items!
Home OIL AND GAS

OIL AND GAS

NLNG to begin domestic supply of LNG

After decades of exporting liquefied natural gas from the country, the Nigeria Liquefied Natural Gas Limited has said it is engaging market...

Analysts forecast bright outlook for Nigeria’s oil earnings

Despite Federal Government's substantial cut of the oil price benchmark to $20 per barrel a few days ago, Nigeria's revenue shortfall in...

Nigerian oil offers missing amid sudden price spike

A rapid improvement to some price offers of Nigerian and Angolan crude oil in recent days left traders wondering whether sellers were...

Nigeria could be OPEC’s next domino to fall

Like people, whole countries can have pre-existing conditions. A particularly insidious one is oil dependency, which can leave a state destitute at...

Oil prices drop amid supply glut, fears of second coronavirus wave

Oil prices fell on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel...

Nigeria risks backlash over efforts to end fuel subsidies

In line with popular demand the Federal Government of Nigeria has used the collapse in oil prices to usher in a policy...

“NNPC ex-depot price cut may not affect petrol”- Petroleum Retailers

Though the Nigerian National Petroleum Corporation (NNPC) on Thursday reduced the ex-depot price of petrol from N113.28k per litre to N108.00k per...

NCDMB donates NGN70m to PTF on COVID-19

…"Pandemic an opportunity to promote Local Content"-SGF The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday donated N70,000,000...

Covid:19: Shippers’ Council intervenes to enforce demurrage waiver refund

The Nigerian Shippers’ Council has called on freight forwarders charged demurrage fees by shipping lines from March 30 to May 3 to...

Petrol may sell for NGN117 as PPMC slashes ex-depot price

…Petrol to sell at N117 per litre…As FG dallies on total deregualtion The world's cheapest petrol is about to...

Fading glory of oil & Nigeria’s future without petro-dollars

Africa’s most populous nation is getting almost nothing from its massive oil wealth While headline Brent-crude futures have rallied...

Nigeria to auction marginal fields as price crash delays major bid round

Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mele Kyari has said that the federal government will be offering marginal oilfields...
- Advertisment -

Most Read

Nigeria leads rebound as Chinese demand lifts West African crude values

The resurgence of Chinese buying interest has sustained a dramatic rise in values for Angolan, Chadian, Ghanaian and Congolese crude grades, while...

Nigeria’s Bonga oil export terminal shut for maintenance

Nigeria’s Bonga crude oil export terminal has begun routine maintenance, its operator Shell disclosed on Tuesday, adding it aimed to have the...

Covid-19: Downstream Petroleum Group to complete, equip Abuja Diagnostic Centre

Just when you thought Nigeria’s oil marketing companies were all about their profit margins and clamouring for total market deregulation, the industry’s...

Petrol price may rise as Brent stabilises around $35/barrel

Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of...