Oil & Gas

Source: Reuters Nigerian energy firm Forte Oil plans to enter into talks to sell its power unit to its major investor, billionaire Femi Otedola, after it failed to secure a…

  Yemisi Izuora  The Major Oil Marketers Association of Nigeria, MOMAN has said it is not pondering on resumption of petroleum products importation at the moment because the regulatory environment…

Yemisi Izuora  Royal Dutch Shell, has appointed Wael Sawan to head its oil and gas production division, replacing Andy Brown who will step down after 35 years at the Anglo-Dutch…

Yemisi Izuora  Eland Oil & Gas PLC on Tuesday forecasts doubling production in 2019 after positive impact recorded in 2018. In 2018, average production was 8,000 barrels of oil a…

Yemisi Izuora  Oil prices dipped on Wednesday on increasing signs of a global economic slowdown, although OPEC-led supply cuts helped support Brent crude above $60 per barrel. International Brent crude…

Yemisi Izuora  Oil prices climbed by 1 per cent on Tuesday following supply cuts led by Organization of Petroleum Exporting Countries, OPEC and Russia, although a darkening economic outlook capped…

Yemisi Izuora The Independent Petroleum Marketers Association of Nigeria (IPMAN), says it is considering fresh synergy that would facilitate effective products Distribution across the country. The Association said it is…

  Yemisi Izuora  Oil prices edged up on Monday, supported by ongoing supply cuts from producer club OPEC and Russia and by a drop in U.S. drilling activity. International Brent…

Yemisi Izuora  Eland oil and gas Plc, is hopeful that the Gbetiokun is expected to yield 15,000 barrels of oil per day, bopd from its early production system. The company’s…

Yemisi Izuora  Oil prices slipped on Friday as concerns over economic growth were rekindled after talks fell short of offering concrete steps to end the US, China trade conflict, although…