10 December 2016, New York — Oil prices rose about 1 percent on Friday on hopes that non-OPEC producers meeting…
Browsing: Oil
09 December 2016, News Wires, Lagos — Barely one month after the Minister of State for Petroleum, Dr. Ibe Kachikwu,…
09 December 2016, Moscow — Russia plans to meet with some OPEC and non-OPEC nations on Friday to discuss unresolved…
09 December 2016, London — Oil prices edged higher for a second consecutive session on Friday on hopes that non-OPEC…
09 December 2016, Singapore/Tokyo — Saudi Arabia and Iraq are set to supply full contracted volumes of crude to several…
He noted that, “Currently, about 12 million litres of diesel are consumed daily in Nigeria. Blending with the stipulated 20 per cent biofuel means that the country needs 2.4 million litres of biodiesel daily or 876 million litres annually to successfully implement the agreement.
08 December 2016, Lagos — Lekoil announced Thursday that oil has flowed from the Otakikpo Marginal Field in Nigeria to…
08 December 2016, Abuja — Nigeria’s oil sales should remain the sole responsibility of one company rather than be split…
08 December 2016, Sao Tome — Sao Tome and Principe has decided to terminate an oil concession granted to Sinoangol,…
08 December 2016, Houston — The Organization of Petroleum Exporting Countries’, OPEC, decision to cut production by 1.2 million barrels…
