Nigeria loses N23bn to faulty Kaduna refinery’s lube unit
The loss by Nigeria to the neglect of Kaduna refinery’s lube breaking unit has hit N23 billion. The neglect of ...
Tag: Oil and Gas
Gas Master Plan: FG Awards $2.8bn Ajaokuta-Kano Pipeline
The implementation of the Nigerian Gas Master Plan (NGMP) got underway at the weekend as the federal government announced the ...
NNPC reviews Corporate Governance to create fraud proof system
The Management of the Nigerian National Petroleum Corporation (NNPC) is executing a major restructuring of its corporate governance framework to ...
Siemens and ABB, developing Unmanned and Automated Submerged Oil Platforms
European companies, Siemens AG and ABB Group, are collaborating with exploration and production firms (E&Ps) to develop unmanned and automated ...
Onshore Natural Gas discovery assessed at $4 Bn
Romgaz Has Recently Inaugurated The Largest Onshore Natural Gas Field Discovered In Romania In The Past 30 Years. According To ...
Tellurian Signs $15.2bn agreements with Bechtel to deliver Driftwood LNG at $550 per tonne
Tellurian and Bechtel Oil, Gas and Chemicals have entered into four fixed price, lump sum turnkey agreements totaling $15.2 billion ...
Oil Prices rise on Supply Cuts & political tensions in Saudi Arabia
Last week, the WTI benchmark rose $2 to more than US$57 per barrel — its highest level since mid-2015. While ...
PetroSA and Rosgeo Sign Multi-Million Dollar Agreement
PetroSA, the Oil and Gas Corporation of South Africa, and Rosgeo, geological exploration company of the Russian Federation, have signed ...
Exclusive Interview: Serinus Energy sees first Moftinu gas field production in Q1, 2018
Serinus Energy, the Canadian-based Company that owns Winstar Satu Mare, has recently revealed plans to invest in the Satu Mare ...
OPEC daily basket price close at $60.52
The price of OPEC basket of fourteen crudes stood at $60.52 a barrel on Tuesday, compared with $61.27 the previous ...
