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Latest News
AMCON Takes Over Sea Petroleum Oil & Gas Limited
The company is owned by former Minister of Aviation, Princess Stella Oduah-Ogiemwonyi. The take-over was…
Crude OilMay 21st 2018
FERC Narrows GHG Review for Gas Pipelines
The project includes two new compressor stations and upgrades to three others in upstate New…
Natural GasMay 21st 2018
Rising Oil Could Spike Import Bill by $25-50B: DEA Secretary
The two factors have caused the rupee depreciating to below 68 a dollar and ten-year…
Crude OilMay 21st 2018
Nigeria: Petroleum Industry Bill Yet to Reach Buhari-Presidency
The PIGB is one of the four segments of the Petroleum Industry Bill (PIB). The…
Crude OilMay 18th 2018
Russia-Germany Gas Pipeline Raises Intelligence Concerns
The Nord Stream 2 project has said it will tap banks for financing in the…
Natural GasMay 18th 2018
Brent Crude Oil Price Hits $80 Per Barrel
Traders say the price of Brent crude has risen due to fallen US crude inventories.
Crude OilMay 18th 2018
PIB: NNPC Seeks Split of Petroleum Licenses
The proposed split would prevent a situation where operators would sit perpetually on oil acreages.
Crude OilMay 17th 2018
Watchdog Warns Against Rising Security Threats Around TAPI
Based on the timetable, only one and half years is left to complete construction of…
Natural GasMay 17th 2018
Iran Agrees to Build New Oil Refinery for Sri Lanka
Sri Lanka has also discussed another 100,000 bpd refinery in partnership with Indian Oil Corp,…
Crude OilMay 17th 2018
Nigerian Refineries Added 10% to Petrol Consumption in 2017: NNPC
NNPC imported 12.97 billion liters of the product into the country in 2017, representing 90…
Crude OilMay 16th 2018
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