FG inaugurates technical working committee for $20bn Ogidigben industrial gas park

FG inaugurates technical working committee for $20bn Ogidigben industrial gas park

Civil and engineering works may soon commence in earnest on the second phase of the $20 billion Ogidigben Gas Revolution Industrial Park in Delta...

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Downstream oil firms need data to survive – E360 Africa CEO

Downstream oil firms need data to survive – E360 Africa CEO

Oil and gas businesses operating in the downstream retail segment of the industry risk demise if the needed attention is not paid to market...

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Differentials steady as Indian refiner buys Nigerian crude at tender

Differentials steady as Indian refiner buys Nigerian crude at tender

Nigerian differentials have fallen enough to whittle down an overhang of unsold cargoes and even encouraged some buying from a major Indian refiner, traders...

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Anambra petroleum marketers shelve strike, to discuss with state govt

Anambra petroleum marketers shelve strike, to discuss with state govt

Normalcy has returned to Anambra State following the strike declared by the Independent Petroleum Marketers of Nigeria (IPMAN) on Wednesday, which partly paralyzed economic...

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Experts explain why Nigeria’s gas sector development may remain elusive

Experts explain why Nigeria’s gas sector development may remain elusive

The Nigerian gas sector outlook may remain bleak if lingering challenges, especially unfavourable regulatory framework and poor monetary policies are not addressed. Stakeholders in the...

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DPR, task force to stop substandard petroleum products in Bayelsa

DPR, task force to stop substandard petroleum products in Bayelsa

The Department of Petroleum Resources, Bayelsa State office, says it has partnered the Presidential Task Force to tackle the problems of illegal refining and...

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Prices of fuel, LPG, diesel decreased in July – NBS

Prices of fuel, LPG, diesel decreased in July – NBS

The National Bureau of Statistics, NBS says average price paid by consumers for premium motor spirit (petrol) decreased by -0.09 year-on-year and -0.9% month-on-month...

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ExxonMobil has most remaining reserves among oil & gas supermajors – GlobalData

ExxonMobil has most remaining reserves among oil & gas supermajors – GlobalData

Among oil & gas supermajors, ExxonMobil leads in terms of remaining reserves for producing, planned and announced fields with 28,069 million barrels of oil...

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Oil price slides to $70 as US crude inventories jump unexpectedly

Oil price slides to $70 as US crude inventories jump unexpectedly

Oil futures fell more than $2 a barrel on Wednesday after data showed U.S. crude stockpiles jumped last week, compounding worries about a weaker...

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