…Grows production capacity to 1 million b/d By Yemie Adeoye IN a move targeted at reducing the importation of petroleum…
Browsing: Oil
Some residents of Onitsha in Anambra State have expressed worry over the lingering high prices of kerosene and diesel which…
Eni has made a new hydrocarbon discovery offshore Ghana through the Gye Nyame 1 well, which is located in the…
Total Upstream Nigeria Production Unit has said that the floating, production, storage and offloading (FPSO) for the Usan deep offshore…
A criminal investigation of eleven oil and oil-services companies is underway by the U.S. Justice Department. A civil investigation by the Securities and Exchange Commission is also in progress.
Organisation of Petroleum Exporting Countries (OPEC) has ranked Nigeria its second biggest crude oil exporter by volume, climbing four places to push Iran and Venezuela to the back stage and only out paced by Saudi Arabia.
Eni confirmed it signed a memorandum of understanding with China Petroleum & Chemical Corp., or Sinopec, as Italy’s biggest oil and natural gas company strengthens its ties with Chinese hydrocarbon firm.s
By Charles Kennedy The French Ambassador to Uganda has said that the exploration for oil in the country is a…
Nigeria, Africa’s top oil producer, surpassed Iran as the Organisation of the Petroleum Exporting Countries’, OPEC, second-largest exporter in 2010…
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has said divestment of its equity from some oil blocs in…