28 January 2018, News Wires – Saudi energy minister, Khalid al Falih said he had met with Iraqi Prime Minister…
Browsing: Oil
28 January 2018, News Wires – Engie has closed a deal to acquire Brazilian energy efficiency company ACS, the French energy…
28 January 2018, Sweetcrude, Lagos — Over $83.1bn in capital expenditure will be spent over the lifetime of the top…
Buhari said extra funds outside the provision of 2018 budget “will be deployed to infrastructure projects like roads, rail, and power for the good of our people, and for the development of the country.”
“The entire federation is being shortchanged by those activities. Since 2010, there were no payments of Joint Venture Cash Call by the NNPC when the oil was $110 per barrel up to when the President took over in 2015.”
“We’ve gotten to a point where we don’t care whether oil prices will be sustained at the level that they have recently risen to. We’ve been able to balance our budget at $45-$46/bbl and we’ve got to learn to live comfortably at that level.”
OpeOluwani Akintayo 26 January 2018, Sweetcrude, Lagos — A leaked memo making the rounds has revealed how Minister of State…
“Any and all amounts approved and directed by Mr. President to be paid, were executed exclusively by NNPC, directly from NNPC’s foreign and or, Central Bank of Nigeria accounts, to the stated recipients.”
26 January 2018, News Wires – The world’s top oil companies are expected to generate more cash in 2018 than at…
* Europe crude loadings to Asia at lowest in 4 yrs – Reuters data * Strong diesel, jet fuel margins…
