Aqualis Offshore has completed its position keeping role for the Egina FPSO, which is now safely moored offshore Nigeria. Its team of...
The Nigerian government presently owes oil marketers an arrears of N130.7 billion covering a four year period the group has said. Chairman...
The International Monetary Fund (IMF) recently warned Nigeria and other sub-Saharan African economies to urgently check rising debts and diversify their revenue...
The International Monetary Fund (IMF) has warned Nigeria and other oil exporting nations in dire need of structural reforms not to be...
The Federal Government recently gave oil companies operating in the country 2019 deadline to end gas flaring or stop producing. The government...
AN ACT TO PROVIDE FOR THE GOVERNANCE AND INSTITUTIONAL FRAMEWORK FOR THE PETROLEUM INDUSTRY AND FOR OTHER RELATED MATTERS Harmonised-Clean-Copy-of-Petroleum-Industry-and-Governance-Bill-2018 (2)...
Nigeria has announced stiffer regulations aimed at tackling gas flare menace and raised the penalty for gas flaring from N10 to $2...
Nigerian crude market is still stuck with an overhang of close to 20 unsold cargoes from the 58-strong October loading programme. International...
Rising oil prices are prompting forecasts of a return to $100 a barrel for the first time since 2014, creating both winners...
The world’s supply of oil hit a record last month, yet another sign of oil’s dominance over the energy landscape. The International...