Sudanese officials have described recent claims by counterparts in recently annexed South Sudan that the two have reached a new…
Browsing: Oil
The Department of Petroleum Resources (DPR) has introduced offshore safety permit to ensure adequate protection of oil and gas workers.…
The Nigerian Content Development and Monitoring Board (NCDMB) has released a directive barring oil and gas operators and contractors in…
THREE of the international oil companies operating production sharing contracts, PSCs with the Federal Government through the Nigerian National Petroleum Corporation, NNPC have dragged the later before arbitration seeking restitution over alleged scandalous crude oil grab denying them revenues in excess of $8 billion.
Iran’s parliament approved President Mahmoud Ahmadinejad’s candidate as Oil Minister on Wednesday, putting a military commander who is under international…
The USAN FPSO arrived on site on the 31st July, 2011 after 3 months of being towed from Ulsan, South Korea. The FPSO is currently undergoing Customs clearance. , Mooring will start immediately after preliminary check-up procedures are concluded.
TORONTO, Aug. 2, 2011 – Exile Resources Inc. and Oando Plc, the Nigerian based integrated energy group, have announced an…
Oil fell on Tuesday on continued worries about the growth prospects of the world’s largest crude consumer after weak US…
Russia pumped 10.26 million barrels of oil per day last month, matching a post-Soviet high and retaining the title of…
Executive secretary of the Nigerian Content Monitoring and Development Board, Ernest Nwakpa, says Nigerian independent oil and gas operators will…