23 November 2016, Abuja – International oil companies operating in the country have discounted $1.7bn off Nigeria’s $6.8bn cash call…
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…As oil output drop continues 23 November 2016, Lagos — Nigeria’s economic slump deepened in the third quarter as oil…
23 November 2016, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $45.25 a barrel…
Oscarline Onwuemenyi 23 November 2016, Sweetcrude, Abuja – Maintenance work at the offshore Agbami field in the first two weeks of next month…
Kunle Kalejaye 23 November 2016, Sweetcrude, Lagos – The chronic joint venture, JV, funding shortfalls being experienced in the Nigerian oil and…
Kunle Kalejaye 23 November 2016, Sweetcrude, Lagos – The Association of Nigerian Electricity Distribution Companies, ANEDC, says for Nigerians to enjoy stable power…
They admitted that the government has been bearing the brunt to keep the price at the current rate as the real cost of petrol should be far above N145 per litre if all the cost components are adequately captured.
The Vice President said the country would notwithstanding, take as much as it can from the industry to quickly diversify her economy.
21 November 2016, Lagos – President of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG ) comrade Igwe Achese has…
21 November 2016, Lagos – Nigeria spent N958.3 billion importing Premium Motor Spirit (PMS), also known as petrol, in five months. The…