*Major investigation provokes concerns that City regulators waved through deal at heart of court case 05 March 2017, London –…
Browsing: Oil
04 March 2017, UYO — Acting President, Prof. Yemi Osinbajo has directed the International Oil Companies operating in the Niger-Delta…
04 March 2017, Dar es Salaam – Africa-focused oil and gas company Aminex plc has confirmed that production testing on the…
04 March 2017, News wires – South Africa’s Sasol will produce oil from Mozambican wells in two to three years, the…
04 March 2017, News Wires – The Ministry of Mines and Hydrocarbons of Equatorial Guinea has extended the official closing…
04 March 2017, News wires – Wood Group announced Thursday that it has completed a seven month front end engineering design…
04 March 2017, Benghazi, Libya — An armed faction entered two major Libyan oil ports on Friday, pushing back forces…
03 March 2017, Abuja – The Nigerian National Petroleum Corporation on Thursday said it would conclude tenders for the construction of…
03 March 2017, Lagos — The Managing Director, Nigerian Petroleum Development Company Limited (NPDC), Yusufu Matashi, yesterday told Justice Nnamdi…
Kragha said, “Because of what is happening and the global trend, President Muhammadu Buhari gave approval for strategic investments to be made in the refineries. So, the investment model is basically this way: strategic investors who can bring refining expertise and funding will partner local players with downstream experience to actually go into the refineries, invest money and within 24 months to get us to 90 per cent capacity utilisation.”