Oil/Gas Reports

The firms would lift over 700,000 barrels per day of crude oil.

The Communities and their leadership see no justification in terminating SALVIC.

The Court says the former attorney general merely performed his constitutional duties.

The three states are laying claims to being oil producing states.

Ruptured pipes had discharged 180 barrels of crude into the environment.

Three bank accounts in Lugano, Basel and Geneva were blocked, according to media reports.

Russian Energy Minister Alexander Novak made the announcement on Tuesday.

Brent crude futures were fetching $69.67 per barrel, up 33 cents, or 0.5 per cent.

Shell admits that a crime might have been committed in the new OML 42 deal.

“The idea of a single regulator for the entire sector runs contrary to industry standards."

Mr. Gates, a billionaire businessman, says Nigerian farmers are failing because of poor funding.

The marketers say the debt is killing their operations.

Brent sweet crude futures were at 67.66 dollars per barrel.

The refinery produces 24,000 barrels a day of petrol.

OPEC and other producers have cut output to reduce a global crude glut.

"Shell and Eni claim they are doing everything they can to prevent oil spills but Decoders’ research suggests otherwise."

The judge says prosecution failed to present 'substantial evidence' to prove its case.

Brent sweet crude was at 65.70 dollars per barrel, from their previous close.

About 3,342 MW of gas was equivalent delivered to power plants.

The official speaks on investment in biofuels by the corporation.

The exploration was suspended because of the killing of an official.

The government argues that Addax secured illegal benefits during past administrations.

The president says he is aware people complain of his slow pace.

International Breweries topped the gainers’ table, growing by N2.85 to close at N59.85 per share

“I’m excited at the performance of the team for making us proud,” said Osagie Okunbor, Managing Director, SPDC.