WARRI – Distressed indigenes of Diebiri, an Ijaw community in Warri South-West Local Government Area of Delta State, weekend, issued a 14-day ultimatum to Nigeria Petroleum...
TEXAS – Houston’s Cameron International has landed the subsea production systems contract for the Erha North Phase 2 deep-water development off Nigeria from ExxonMobil. Cameron will...
LAGOS—Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, and the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, have called off their plans...
LONDON – French giant Total saw profits fall in 2012, despite a rise in revenue, as impairments hit the company’s bottom line. The company said flooding...
LAGOS – Expatriate workers in the Nigerian oil and gas sector are the highest paid in Africa and 11 most paid in the world, with an...
NEW YORK – Italy’s Eni could in future think about selling its oil services subsidiary Saipem chief Executive Paolo Scaroni has said. Speaking at a conference...
VIENNA – The Organisation of Petroleum Exporting Countries, OPEC, has added 80,000 barrels per day to its world demand growth forecast, predicting an expansion of 800,000...
KOREA – Brent crude futures rose and remained above $118 per barrel on Tuesday in thin trade due to Lunar New Year holidays in Asia, with...
LAGOS – The latest drop in Nigeria’s oil and gas export may have further dented its reputation as a reliable energy supplier, at a time when...
LONDON – President Goodluck Jonathan has called on the British government to help stem the incidence of crude oil theft in Nigeria’s Niger Delta. President Jonathan...
