03 March 2017, London — U.S. crude oil production appears to be rising strongly thanks to increased shale drilling as…
Browsing: Oil
03 March 2017, London — Oil prices ticked higher on Friday, recouping some of the previous session’s losses, as a…
03 March 2017, Singapore — World’s top crude exporter Saudi Arabia cut April prices of light crude it sells to…
03 March 2017, Moscow — Russia’s oil output stayed unchanged in February from the previous month, with cuts at just…
02 February 2017, Lagos – Members of the Organisation of the Petroleum Exporting Countries must lower production costs to compete…
02 February 2017, Abuja – The Chairman, Senate Committee on Petroleum Downstream, Sen. Garba Marafa, on Thursday said total deregulation…
02 February 2017, Lagos – The Independent Petroleum Marketers Association of Nigeria, Kwara State chapter on Wednesday gave the government a…
02 March 2017, Sweetcrude, Abuja – The Nigerian National Petroleum Corporation, Wednesday, stated that it had shut down the Warri refinery,…
Sen. Melaye complained that the independent marketers were investigated over the amount collected on subsidy, but NNPC, which imported 51 per cent of the fuel, was yet to be probed.
He added that, “The resolution of cash call arrears will increase the confidence of JV Operators and therefore trigger more investment in new projects. To enhance profitability in our business, we’ve developed 12 business focus areas in line with the seven big wins to grow the industry.”
