OpeOluwani Akintayo Lagos — Average price per litre paid by consumers for National Household Kerosene, NHK decreased by -0.11% month-on-month…
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New York — It promised to be the next great shale play, but an oil-and-gas-rich area of central and south…
Dakar — Senegal’s justice ministry asked prosecutors on Monday to launch an inquiry into the country’s energy contracts after a report alleged that the president’s brother was involved in fraud related to two offshore gas blocks being developed by BP. After the publication of the investigation by the BBC last week, President Macky Sall said
Mkpoikana Udoma Port Harcourt — Economists under the aegis of Institute of Chartered Economists, ICEN, have petitioned the Inspector-General of Police, Muhammed Adamu, over the refusal of the Bureau of Public Enterprise, BPE, to adhere and implement the Supreme Court judgment on Aluminium Smelting Company of Nigeria, ALSCON. ALSCON a $3.2billion plant located in Ibekwe,
London — U.S. energy firms this week cut the oil rig count to the lowest since February 2018 as drillers follow through on plans to reduce spending with crude prices collapsing to a four-month low. That compares with 862 rigs operating during the same week a year ago. More than half the total U.S. oil
OpeOluwani Akintayo with agency report Lagos — Ships will be required to use fuels with a sulphur content of no more than 0.5% from the start of 2020. This was revealed by Chevron’s Fuels Technologist, Monique Vermeire in an interview granted Reuters on Thursday. According to her, the move was aimed at cutting air pollution.
Russia’s Novak: Many options for oil deal, including production rise. Russian Energy Minister Alexander Novak said on Sunday that different
Saudi Arabia says oil facilities outside Riyadh attacked. Saudi Arabia said armed drones had struck two oil pumping stations in the kingdom on Tuesday
UAE’s Brooge Petroleum says to build oil refinery in Fujairah. The United Arab Emirates’ Brooge Petroleum and Gas Investment Co (BPGIC)
Moscow — Russian oil producers’ supply to Transneft’s pipeline system between May 1 and 6 were down by some 650,000…