Oil & Gas
The Feed
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Ebola fears raise the price of cocoa, Brent oil price down
The price of Cocoa soared to 3.
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Brent oil price falls to two year low
Brent crude oil prices struck a new two-year low on Wednesday, weighed down by abundant supplies and weak data, despite signs of…
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Oando doubles profit in half year
Nigerian energy company Oando said on Tuesday its pre-tax profit in the first half rose 103 percent to 12.
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Oil prices up again in Asia, buoyed by China, IS strikes
Oil prices rose in Asia Tuesday in response to better-than-expected Chinese manufacturing data and after the United States said it had led…
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Forte Oil, Aiteo set to grab Oando's downstream assets
Forte Oil Plc, one of the nation’s petroleum products marketing company and Chief Benny Peters’ Aiteo Group, on Monday emerged the major…
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Oil prices fall in Asia
Oil prices fell in Asia Monday as dealers await key Chinese manufacturing data for clues about demand in the world’s top energy…
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Navy destroys 53 illegal refineries in fresh crackdown
The Nigerian Navy Ship (NNS) Delta, Warri, said on Saturday that it has destroyed 53 illegal refineries in Ashafama forest in Warri…
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Oil workers suspend strike
The National Union of Petroleum and Natural Gas Workers (NUPENG), Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Friday…
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Diezani, others shun Reps panel on oil workers strike
The Minister for Petroleum Resources, Diezani Allison-Madueke, on Thursday failed to appear before the House of Representatives joint committees on petroleum and…
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Amosun: Why Olokola Gas Project was stalled
Abiodun Onafuye/ Abeokuta Governor Ibikunle Amosun of Ogun State today opened up on the multi-billion Olokola Gas project, which his predecessor, Otunba…
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