You Are Browsing ‘Oil’ Category

Daniel Idonor 7 October 2011, Sweetcrude, Abuja —Governors of Nigeria’s 36 states,Thursday, at the National Economic Council, NEC, meeting, backed the recent move by President Goodluck Jonathan to remove the controversial subsidy on petroleum products. Also yesterday, Minister of Finance and Coordinator...

6 October 2011, Sweetcrude, Lagos – The Nigerian National Petroleum Corporation (NNPC) has denied claims by marketers of inadequate kerosene in...

5 October 2011, Sweetcrude, Tripoli – Italian oil major Eni fears its largest oilfield in Libya, known as Elephant, may be in ruins. This could...

4 October 2011, Sweetcrude, Eket – A total of 94 contract workers at the Qua Iboe Terminal, operated by Mobil Producing Nigeria (MPN) in Ibeno,...

4 October 2011, Sweetcrude, Abuja – The Nigerian House of Representatives has raised concerns over falling crude oil prices and the funding challenges...

4 October 2011, Sweetcrude, Khartoum – A Chinese oil worker has been killed and another wounded by unidentified gunmen in South Kordofan, Sudan’s...

4 October 2011, Sweetcrude, Dar es Salaam – Brazilian oil giant, Petrobras, said late on Monday that it has granted supermajor Shell a 50% interest...

 George Frankling 4 October 2011, Sweetcrude, Lagos- A new report released on Monday by a London-based oil and gas industry watchdog, Platform, has accused...

3 October 2011, Sweetcrude, Malabo – London-based venture company, White Rose Energy, has further increased its stake in Equatorial Guinea’s...

Omoh Gabriel 3 October 2011, Sweetcrude, Lagos—Oil prices are heading for further drop to the 2008 low levels as investors speculated that global economic...