Oil price rises
Brent crude futures were fetching $69.67 per barrel, up 33 cents, or 0.5 per cent.
Brent crude futures were fetching $69.67 per barrel, up 33 cents, or 0.5 per cent.
In 2017, 224 firms participated in a similar process.
Nigeria’s ageing Port Harcourt, Warri and Kaduna refineries can be optimised with digitalisation.
Nigeria was ranked 55 of 89 countries in terms of transparency of its extractive sector.
The bill will go to the House of Reps for concurrence before seeking presidential assent.
The bill still has to go through the House of Representatives and the president to be law.
Oando plans to focus 90 per cent of its earnings in dollars.
“South Sudan is proud to share its experiences with Equatorial Guinea, and to learn from the great work of our ...
Current tariff was approved by the National Investments Management Services.
NEITI says NPDC withheld a total of $4.7 billion and N318.2 billion that should have gone to the Federation Account.
“Chevron alone is about 1,500; Mobil is about 1,000. The entire workers of Hercules Oil & Gas are being asked ...
Nigerian government lost over N7.1 trillion in the last 10 years to corruption in oil and gas industry.
The company posted a loss of N48 billion in the first nine months of 2015.
The NNPC is still continuing with the corruption-filled Overseas Processing Agreements .
The corporation also terminates offshore processing agreements, invites Companies for fresh Bid
The 2015 challenge involved development of simple Power Models that can reduce production cost and encourage broad utilization of different ...
The visiting delegation urges the President to restore the confidence of investors in the industry.
The NNPC says Port Harcourt refineries are scheduled to begin to receive crude next week
NNPC says it has injected additional 688 million litres of petrol into the market
INFOGRAPHIC: CBN Economic report for August 2014
INFOGRAPHIC: CBN Economic report for July 2014
INFOGRAPHIC: CBN Economic report for May 2014
Record shows about 58.31 million barrels of wellhead production was short of actual figure
Asiodu said, if all was well done, oil should not contribute more than 30 per cent of Nigeria's revenue.
The unions issued the threat to draw government’s attention to pressing issues in the oil sector.
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