Oil & Gas

Yemisi Izuora  Oando Plc, is planning oil production increase with a 25 per cent target rise by 2019. This plan is coming as the company recently emerged from a $2.5…

Yemisi Izuora  Oil prices were stable on Friday, supported by expected supply cuts from Organization of Petroleum Exporting Countries, OPEC, but held back by record US production. US West Texas…

Yemisi Izuora  Government of Papua New Guinea on Friday offered to set financial terms in early 2019 for a long-awaited gas project led by Total SA that will help double…

Yemisi Izuora  If ongoing discussion on proposed oil supply cut among members of the Organization of Petroleum Exporting Countries, OPEC and its partners produces results then up to 1.4 million…

Yemisi Izuora  The International Energy Agency, IEA, has predicted that global oil supply will outpace demand throughout 2019, as a “relentless” rise in output is swamps growth in consumption that…

Yemisi Izuora  The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has commended Saudi Arabia its recent decision to announce daily crude oil production cut by one…

Yemisi Izuora The U.S. crude oil output from seven major shale basins is set to hit a record of 7.94 million barrels per day (bpd) in December, according to a…

  The Nigerian National Petroleum Corporation (NNPC) has warned vandals and other miscreants to stay clear of the corporation’s facilities including pipelines.  NNPC Group General Manager, Group Public Affairs Division,…

 Yemisi Izuora  The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, led a panel discussion at Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), following…

Yemisi Izuora  The Nigerian Association of Petroleum Explorationists (NAPE), has said that absence of fiscal policy will continue to retard investments flow in Nigeria’s oil and gas industry, such that…