Crude Oil prices now $70
The price of brent crude oil rose to 70 dollars a barrel on Monday, supported by ongoing output cuts led ...
Tag: Oil and Gas
U.S. oilfield service firms dust off IPO plans as crude prices surge
U.S. oilfield service companies are gearing up for initial public offerings, according to regulatory filings and analysts, after several shelved ...
FG to Review NNPC’s $6bn Oil Swaps-Kachikwu
Apparently scandalized by the acute petrol scarcity, which marred the Yuletide celebrations, the federal government is set to review the ...
Oman projects budget deficit in 2018 on low oil price
The Gulf state of Oman adopted on Monday its 2018 budget projecting a deficit of $7.8 billion due to low ...
NIPS 2018: Top-level industry players to lead discussions
By Obineme Ndubuisi Micheal The Federal Government of Nigeria is proud to announce its first official oil and gas event, ...
Brazil authorizes State Company PPSA to Sell Presalt Oil, Gas
Brazil set out provisional rules Dec. 22 for Pre-sal Petroleo SA (PPSA), the state company managing contracts, to develop the ...
Australia’s competition body opposes BP’s proposed $1.3 bn acquisition of Woolworths’ fuel retail outlets
The Australian Competition and Consumer Commission (ACCC) announced its intention to oppose the proposed acquisition by BP Australia Pty Ltd ...
We can no longer import, sell fuel at N145/litre — Marketers
Against the latest round of fuel scarcity rocking many parts of the country, private oil marketers are calling for government ...
We can now account for every barrel of oil sold, says NNPC
The Nigerian National Petroleum Corporation (NNPC) says it can now account for every barrel of oil sold as it has ...
OPEC countries require $10.5tr to meet oil demand
Members of the Organisation of the Petroleum Exporting Countries (OPEC) are said to require investments of about $10.5trillion to meet ...
