Aramco seeks one-year extension on $10 billion loan – sources
Saudi Aramco’s profits plummeted last year, but it stuck to a promised $75 billion annual…
4 years ago
Oil & Gas
Dangote Refinery to sell refined crude to FG in naira – Emefiele
The CBN says the $15bn projects being constructed by the Dangote Group would save Nigeria…
4 years ago
Global oil sector needs $12.6t investment, says OPEC
The OPEC Secretary General, Dr Mohammad Barkindo, disclosed this at the Virtual 11th IEA-IEF-OPEC Symposium…
4 years ago
No plans to increase petrol price – NNPC assures
By Edith Ike-Eboh The Nigerian National Petroleum Corporation (NNPC) has assured Organised labour and Nigerians…
4 years ago
It’s time to rethink licensing rounds, By NJ Ayuk
While the details vary by country, the licensing round process has, in general, become…
4 years ago
Elumelu’s Heirs Holdings acquires 45% OML 17 from Shell, Total, ENI
By Itohan Abara-Laserian Heirs Holdings (HH) an affiliate of Transnational Corporation of Nigeria Plc (Transcorp)…
4 years ago
OPEC: Oil outlook for 1st half of 2021 full of downside risks
The Organisation of the Petroleum Exporting Countries (OPEC) sees plenty of downside risks for oil…
4 years ago
ExxonMobil official confirms worker’s death at Qua Iboe facility
A top official of U.S. oil giant, ExxonMobil, has confirmed the death of a staff…
4 years ago
IPMAN directs members to sell PMS at N162 in Kano
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano State branch, has directed its members…
4 years ago
Marginal oilfields licensing rounds: 3 Ijaw leaders ask court to stop Buhari, others
Three Ijaw leaders have approached the Federal High Court in Yenagoa to halt the process…
4 years ago