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Wednesday, 1 February 2017

FG, STATES, IOCS TO ADOPT COLLABORATIVE APPROACH FOR DEVT OF N’DELTA

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In furtherance of efforts to entrench peace in the Niger Delta, the federal government, international oil companies (IOCs) and other stak...
Thursday, 26 January 2017

WHY WE SPONSOR QUIZ CONTESTS, BY MOBIL

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Mobil Producing Nigeria (MPN) has said that it sponsors quiz competitions amongst secondary schools in Bonny, Rivers State, because “it i...
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NNPC LACKS OIL TRADING SKILLS, SAYS GMD

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The Group Managing of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, on Wednesday said the firm lacked international oi...

TOTAL RETURNS TO THE “CAPE OF STORMS” IN LATE 2017

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Total will return to drilling in the ‘Cape Of Storms’ in late 2017, a full year and several months after the original planned date. The...
Wednesday, 25 January 2017

NIGERIA SEES OIL HITTING MID-$60S IN COMING MONTHS AS OPEC BITES

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Crude oil prices hovering around $55 a barrel since early December, will climb by about $10 in the coming months, as OPEC-led measures to...

INDIGENOUS FIRMS NEARING COMPLETION OF STRUCTURES FOR $16B EGINA FPSO PROJECT

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Indigenous oil firms have demonstrated local capacity in the execution of the over $16 billion worth Floating Production Storage and Off...

UPSTREAM ASSETS ACQUISITION TRIPLED TO $31BN IN DECEMBER – REPORT

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Total acquisitions of oil and gas fields, known as upstream assets, tripled to $31 billion in December, according to data from consultan...