LAGOS – Excited by the news that Oando Energy Resources (OER), the upstream business of Oando Plc will complete the acquisition of ConocoPhillips (COP) Nigerian business...
LAGOS – Italian energy company, Eni, which operates in Nigeria as Nigerian Agip Oil Company (NAOC) has started closing some flow stations on a large, after...
PORT HARCOURT – Insecurity and brazen oil theft in the Niger Delta region remain the biggest threats to Nigeria’s economy next year, as these may affect...
ABUJA – Diezani Alison-Madueke, minister of petroleum resources, has been elected alternate president of the Organisation of Petroleum Exporting Countries (OPEC), while Abdel Bari Ali Al-Arousi,...
CAPE-TOWN – Atlantic Energy Co-CEO, Scott Aitken made a presentation at the African Oil Week, one of the largest oil and gas conferences held on the...
DUBAI – By opting to rollover its current output of 30 million barrels per day (bpd), hopefully until May next, Organisation of Petroleum Exporting Countries (Opec)...
NEW YORK – United States giant CococoPhillips plans to hike capital spending by six per cent to $16.7bn in 2014 as it increases development in prolific...
TRIPOLI – Libya has lost more than $7 billion and faces new competition from Algeria and Nigeria in oil markets due to strikes at oilfields and...
TORONTO – Mexican senators on Friday neared agreement on a bill that would allow private investors to drill for oil and market the country’s black gold,...
By Joseph BAMIDELE LAGOS – Chevron Nigeria Limited (CNL), operator of the NNPC/Chevron Joint Venture and its partners in the Arrive Alive Road Safety Initiative (AARSI)...
