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Oil & Gas

OPEC to formalize pact with non-member countries

Wednesday, December 12, 2018
OPEC will sign a co-operation agreement with countries outside the group led by Russia in three months formalising the existing partnership, the UAE energy minister said. ldquo;The declaration of co-operation will be used as a base and will be hopefully finalised in the next three months, rdquo; ...

"No plans to hike petrol price" –Petroleum Products Pricing Regulatory Agency (P

Wednesday, December 12, 2018
Following speculations in various quarters that that the Federal Government was tinkering with the idea of hiking fuel prices, the Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu on Tuesday said there was no such plan, reaffirming that the retail price of ...

Total E&p Holds Campaign Against Pipeline Vandalism For Oml58 Community Youth

Monday, December 3, 2018
In its bid to reduce regular pipeline vandalization to forestall devastating consequences for humans and the environment, multinational oil giant, Total Exploration and ProductionCompany. organized a Health Safety and Environment (HSE) Forum for youths within its OML58 host communities tagged ldquo ...

Oil license not renewable… President Buhari

Thursday, November 22, 2018
Mr. President, Mohammadu Buhari has said that with effect from 2019, existing oil licensees will not be renewed by the Federal Government of Nigeria and its public corporations. No reason has so far been given for this development, but sources within the presidency revealed that the move is in keepi ...

NIPCO converts 5,600 vehicles from petrol to CNG

Thursday, November 8, 2018
NIPCO Plc has converted a total of 5,600 vehicles in Nigeria to use Compressed Natural Gas (CNG), as one of the company rsquo;s efforts at providing access and alternative to motorist to power their automobiles. Managing Director of the company, Mr. Sanjay Teotia, disclosed this on the sidelines ...

Vitol acquires producing assets in deepwater Nigeria

Friday, November 2, 2018
A consortium led by Vitol and comprising Africa Oil Corp ( ldquo;Africa Oil rdquo;) (25%), Delonex Energy Ltd. ( ldquo;Delonex rdquo;) (25%) and Vitol Investment Partnership II Ltd. ( ldquo;Vitol rdquo;) (50%), is pleased to announce that it has entered into a Share Purchase Agreement ( ldquo;SPA ...

Asharami Synergy highlights growth enablers for African downstream sector at OTL

Monday, October 29, 2018
The emerging lsquo;downstream of the future rsquo; will require a change in operating business model to accommodate a more integrated downstream value chain, service differentiation through technology and shift to importing cleaner fuel, Mrs. Moroti Adedoyin-Adeyinka, Managing Director, Asharami Sy ...

Nigerian shipping companies lack capacity to lift crude oil - NNPC GMD

Friday, October 26, 2018
Group Managing Director of the Nigerian National Petroleum Corpoation (NNPC), Dr. Maikanta Baru has said that Nigerian shipping companies do not have the capacity to participate in the affreightment of the nation rsquo;s crude oil. NNPC rsquo;s preference for foreign companies in shipping Nigeria ...
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LOVE IS MORE THEN HUNGER THAT HURT MY SOUL, BODY AND BURNS MY HEART
By: akoaso,HH Germany