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APPO Wants Reforms In Oil SectorThe African Petroleum Producers Organization (APPO) and its member countries have called for unity, cooperation and reform amongst oil producers. The call is coming ahead of the Cape VII Congress and Exhibition, which will take place April 1-5, 2019 in Malabo, Equatorial Guinea. APPO is inviting all interested companies and organizations to participate in this […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Oil rises to $62 on OPEC cuts, supply outlook - The Nation NigeriaGlobal equities fell after data pointed to a slowdown in Chinese economic growth in 2018 to a 28-year low. The numbers fed concern that the outlook for global growth may be darkening, particularly given U.S.-China trade tensions.
Source: TheNationNews - 🏆 6. / 69 Read more »
Shindi: Nigeria’s Oil and Gas Industry Remains Attractive - THISDAYLIVEThe Chief Executive Officer of Brevity Anderson, organisers of the annual Nigeria Petroleum International Summit, Mr. James Shindi, spoke to select journalists on current issues in Nigeria’s oil and gas sector. Ejiofor Alike provides the excerpts: How attractive is Nigeria for oil and gas investment? If you take into account Nigeria’s condensates production, the daily …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Oil price hits $62.70, $2.70 in excess of budget benchmark - Vanguard News NigeriaFor the first time in 2019, the price of oil has risen from $60.00 to $62.70 per barrel as Organisation of Petroleum Exporting Countries, OPEC, intensifies efforts to withdraw excess oil from the volatile market. So what you should average it for the last 30 days.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Report Reveals How IOCs Steal Nigeria’s Crude Oil - THISDAYLIVECountry loses estimated N995.2bn annually By Chineme Okafor in Abuja A new report on the age-long crude oil theft in Nigeria has revealed how International Oil Companies (IOCs) in the Niger Delta region steal and siphon large volumes of crude oil from the country undetected by her authorities. The report revealed the revenue losses over …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »