8.3 C
New York
Wednesday, May 27, 2020
No menu items!

LATEST ARTICLES

ADM Energy increases deposit for further stake in Nigeria’s OML 113

London-based natural resources investment company, ADM Energy said the acquisition of a further 2.25% holding in Oil and Mining Lease (OML) 113...

Kyari implores Graduate Trainees to join in building NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the newly recruited Graduate Trainees (GTs)...

Nigeria LNG signs EPC contract for Train 7

Nigeria Liquefied Natural Gas (NLNG) Limited has signed the engineering, procurement and construction contract for its Train 7 project, Nigeria’s Minister of...

11 Plc announces board meeting, closed period

…As company emerges second highest earner in Wednesday's trading 11 Plc, formerly Mobil Oil Nigeria, has announced that its...

IMO issues COVID-19 guidance for PPE, ship, shore-based interaction

The international Maritime Organisation (IMO) has circulated World Health Organization (WHO) guidance on the safe and effective use of personal protective equipment...

Shippers’ Council, NCDC sensitise port community on COVID-19

Nigerian Shippers’ Council has commenced sensitization of maritime communities in Nigeria to curb the spread of COVID-19. The sensitization,...

FG moves to end Manpower Supply racket in oil industry

A tripartite coalition of the Ministry of Interior, Nigerian Content Development and Monitoring Board (NCDMB) and Department of Petroleum Resources (DPR) has...

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...

IOCs send operational agreements to 10 stevedoring companies

The Nigerian Association of Stevedoring Companies (NASC), has confirmed the receipt of agreements by ten stevedoring companies from the International Oil Companies...

Most Popular

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...