OpeOluwani Akintayo 10 May 2018, Sweetcrude, Lagos – The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru,…
Browsing: Dr. Diran Fawibe
“Qua Iboe, the largest export stream was valued at dated Brent plus 35 cents, the lowest since December 2015. Sellers are targeting higher numbers and August cargo are being offered at dated Brent plus 90 cents.”
Over the years, the venture has proved to be a drainpipe, as it said to be running a hefty yearly budget of $12 million. Already, a United States (U.S.)-based firm, ERHC Energy Inc., which has interest in blocks 2, 3, 4, 5, 6 and 9, has invested over $500 million into exploration activities without significant result.
16 February 2015, Lagos – The recent postponement of the 2015 general elections by the Independent National Electric Commission (INEC) is…
