Oil down 2% as China demand woes erase last week’s gains

Oil down 2% as China demand woes erase last week’s gains CHIGOZIE AMADI Oil prices declined about 2% on Monday, wiping out all of last week’s...

Russian oil output edged further down in September, says OPEC

Russian oil output edged further down in September, says OPEC CHIGOZIE AMADI Russia cut crude oil output in September by 28,000 barrels per day (bpd) to...

Century FPSO JV to boost Nigeria’s oil production by 40,000bpd upon completion – Minister

Century FPSO JV to boost Nigeria’s oil production by 40,000bpd upon completion – Minister CHIGOZIE AMADI A Floating Production Storage and Offloading (FPSO) facility by Century...

IPMAN Confirms NNPC’s Refund of N15bn to Oil Marketers after DSS’ Intervention

IPMAN Confirms NNPC’s Refund of N15bn to Oil Marketers after DSS’ Intervention   CHIGOZIE AMADI Oil marketers yesterday confirmed that the Nigerian National Petroleum Company Limited (NNPC)...

PINL: Two NSCDC Officers, 5 Others Arrested for Illegal Oil Bunkering in Rivers

PINL: Two NSCDC Officers, 5 Others Arrested for Illegal Oil Bunkering in Rivers   CHIGOZIE AMADI Seven persons including two officers of Nigerian Security and Civil Defense...

Lokpobiri: FG Targets 40,000bpd from NNPC, WAEP, Century FPSO JV in Lagos

*Says facility critical to Nigeria’s efforts to ramp up oil output CHIGOZIE AMADI The federal government at the weekend said it was eyeing the production of...

NNPC: Reverse sudden fuel price hike – Peter tells Tinubu

NNPC: Reverse sudden fuel price hike – Peter tells Tinubu   CHIGOZIE AMADI The 2023 Labour Party, LP, presidential candidate, Peter Obi, on Saturday, charged President Bola Tinubu to...

SPDC JV Partners Sign Landmark GSPA for $3.3bn Brass Fertilizer & Petrochemical Project

SPDC JV Partners Sign Landmark GSPA for $3.3bn Brass Fertilizer & Petrochemical Project CHIGOZIE AMADI The Federal Government’s effort to boost the country’s gas sector has...

Federal Government Lauds Savannah Energy for its Investment in Nigeria

Federal Government Lauds Savannah Energy for its Investment in Nigeria CHIGOZIE AMADI The Federal Government has praised Savannah Energy, the British independent energy company focused around...

Unpacking The 2024 Nigerian Licensing Round: A Game-Changer for Nigeria’s Oil and Gas Sector

Unpacking The 2024 Nigerian Licensing Round: A Game-Changer for Nigeria’s Oil and Gas Sector   UGO AMADI As Nigeria embarks on its 2024 Licensing Round, the combination...
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