DODOMA, TANZANIA – Schedules-Offshore-Licencing-Round-for-September20 May 2013, Dodoma – Tanzania’s Energy and Minerals Minister, Prof Sospeter Muhongo, says the government will open bids for oil and gas...
LONDON – The UK and US have pledged to assist Nigeria curb the menace of crude oil theft which President Goodluck Jonathan has described as “blood...
LAGOS – Leading oil marketing company, MRS Oil Nigeria, saw its profit after tax drop by 66.7 percent for the year ended 31st December, 2013, according...
ABUJA – The amount of funds in Nigeria’s Excess Crude Account, ECA, has dropped to $5.27billion, Minister of State for Finance, Mr. Yerima Ngama, has said....
LONDON – West Africa-focused junior oil firm Lekoil, which recently farmed into Nigeria’s OPL 310, raised $48.6 million from investors Friday as part of its listing...
PARIS – French oil major Total SA’s chairman and chief executive, Christophe de Margerie, Friday confirmed the group’s medium-term production targets. Speaking during the group’s annual...
ABUJA – The economy, measured by the Real Gross Domestic Product (GDP), grew by 6.56 per cent in the first quarter of 2013 as against 6.34...
WASHINGTON D.C. – Chevron’s president of Latin American and African operations said Argentina and not China has the world’s second largest deposits of unconventional oil after...
ABUJA – The Nigerian National Petroleum Corporation, NNPC, is to fast-track its strategic partnership with the Nigerian military to arrest pipeline vandalism in the country, Group...
ABUJA – The Federal Government has announced the appointments of new chief executive officers for the Petroleum Technology Development Trust Fund, PTDF, and the Bureau of...
