30 July 2012, Sweetcrude – Chevron plans to invest $2 billion to develop its Lianzi oilfield straddling the maritime border…
Browsing: Oil
Chidi Nkwopara 30 July 2012, Sweetcrude, OWERRI—SCARCITY of petroleum of products has hit Imo State, following what some petroleum marketers…
DUBLIN, Ireland, July 30, 2012/African Press Organization (APO)/ — The Tánaiste and Minister for Foreign Affairs and Trade, Eamon Gilmore TD, today announced €3 million in life-saving assistance to Somalia during a visit to the capital, Mogadishu….
Chuks Isiwu 28 July 2012, Sweetcrude, LAGOS – AMID the corruption allegations trailing Nigeria’s fuel import regime and the probe…
Oscarline Onwuemenyi 28 July 2012, Sweetcrude, ABUJA – CRUDE oil exploration has witnessed an upward growth since the commodity was…
Coordinating minister for the economy and minister of finance, Dr. Ngozi Okonjo-Iweala, Thursday directed payment of all verified claims, backed by supporting Sovereign Debt Notes from the Petroleum Products Pricing and Regulatory Agency, PPPRA.
EXXONMOBIL Corporation has announced $15.91 billion earnings for the second quarter 2012, up $5.25 billion or 49 per cent from $10.68 billion in the same period last year.
CHEVRON Corporation recorded a 6.8% decline in second-quarter profit, the latest oil company to come under the impact of lower crude-oil and natural-gas prices occasioned by global economic insecurity.
THE Royal Dutch Shell is to invest about $4 billion with its partners in two oil and gas projects in Nigeria, the company said, Friday.
FRENCH oil company Total SA said Friday it remained confident about the second half of the year, even as it posted a 2% drop in oil and gas production in the second quarter following problems in Nigeria, the North Sea and Yemen.