Yemisi Izuora/Ijeoma Agudosi Members of Organisation of Petroleum Exporting Countries (OPEC) are battling a U.S. shale boom by resisting production…
Browsing: Oil & Gas
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Joseph Bakare The Federal government may revoke the licenses of the operators of non-perfoming or idle fields, especially the marginal…
Yemisi Izuora Nipco plc, an integrated indigenous downstream operator has won the best safety compliant terminal award for the…
Yemisi Izuora/Ijeoma Agudosi The federal government has resolved to end importation of petrochemical products into the country. The Minister of…
Ijeoma Agudosi/Reuters Oil fell 5 percent to its lowest in nearly six years on Monday, extending the second-deepest rout on…
Joseph Bakare/Ijeoma Agudosi-Agency Report Oil tumbling price has thrown global financial markets into turmoil and for fragile oil-dependent West African…
Joseph Bakare-Ilorin The Chairman, Senate Committee on Environment and Ecology, Senator Bukola Saraki, has commended the Shell Petroleum Development Company…
Ijeoma Agudosi/Joseph Bakare/Agency Report The price of oil has lost more than half its value in six months and it…
Source-AP As the global economy has weakened, a forcefully stronger U.S. dollar has emerged. The fallout from the greenback’s appreciation…
By Yemisi Izuora-Lagos Total today announced that it has completed the flare out of the Ofon field on Oil Mining…