OIL prices rose on Thursday as robust U.S. fuel consumption data and expected falls in Russian supply, later in the […]
RTag: oil
EU ministers say sanctions against Belarus to target potash, oil, finance
EUROPEAN Union (EU) sanctions on Belarus could hit the country’s potash, oil, and financial sectors, foreign ministers…
Oil, gas majors lack ambition on climate change says UCS
SCIENTIFIC advocacy organization, the Union of Concerned Scientists, UCS, attends the AGMs of a number of oil and gas …
Oil, gas companies embracing virtual reality technology to enhance operations
OIL and gas companies are analyzing operational data using virtual Reality, VR, to enhance their decision-making capabilities …
Oil, Gas suppliers association warns members against sharp practice
Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has advised it members to avoid all sharp practices in carrying out their businesses a
Oil, gas instrumental to climate change solution — OPEC
THE Organisation of the Petroleum Exporting Countries (OPEC) said on Monday that oil and gas remained part of key solutions …
Oil, gas industry gearing up for robotics adoption to drive productivity, efficiency – GlobalData
THE oil and gas industry is gearing up to deploy robotics across a wide range of applications in the upstream, midstream …
Oil, Gas export sales up to $416m
THE Nigerian National Petroleum Corporation (NNPC) says a total of crude oil and gas export sales of 416.07 million dollars was…
Oil, Gas remain Crucial Component of World’s Long Term Energy Future – DNV GL
DNV GL has said that oil and gas will remain crucial components of the world’s long term
Olive Oil Prevents Brain Cancer – Report
A COMPOUND found in olive oil may help to prevent cancer developing in the brain. …
Annual Africa Oil Week 2017: Mainstay Event for Africa’s Oil, Gas Industry
With over 160 speakers from the corporate and public sphere, 2017 oil and gas week …
Global Oil Discoveries Lowest in 2016
Conventional oil discoveries and production falls to an all-time low in 2016 while shale oil …
Crude Oil Swap Fraud Costs Nigeria $500 Million
The federal government loses more than $500 million through illicit activities in the management of crude oil swaps …
NEPC, NBCC Sign Trade Agreement
THE Nigerian Exports Promotion Council, NEPC, and the Nigerian-British Chamber of Commerce, NBCC, have signed a Memorandum of Understanding, MoU, to increase the level of trade between the two countries. The pact will see both countries coming up with deliberate strategies to …
Make NLNG Competitive with Train 7 – PENGASSAN
THE Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, have urged shareholders and the board of the Nigerian Liquefied Natural Gas, NLNG, to approve the completion of Train 7 project to make the company more competitive in the global gas market. It said the …
NLNG Generates $85 Billion in 15 Years
THE Nigeria Liquefied Natural Gas Company Limited, NLNG, a joint venture project between the federal government and foreign oil majors in the country, has generated $85 billion from exports since its inception 15 years ago. Babs Omotowa, chief executive, NLNG, said, “For us, it has been …
Remittances by DISCOs to FG Drop
The Nigerian Bulk Electricity Trading says that remittances will be affected by drop in power generation …
Obiano Congratulates Achebe, Appoints Commissioners
Willie Obiano, governor of Anambra State congratulates Nnaemeka Achebe, Obi of Onitsha, on his birthday and appoints new commissioners in the state …
ExxonMobil Begins Off-shore Oil Production in Angola
Esso Exploration Angola, a subsidiary of ExxonMobil is now producing oil at the Kizomba Satellites Phase 2 project offshore Angola …