Indonesia Eyes More Nigerian Crude Oil Mar 12, 2018 Nigerian crude oil has again proved its enormous prospects as the beautiful bride of the global oil market with Indonesia…
OPEC daily basket price drops to $61.85 per barrel Mar 12, 2018 The price of Organisation of Petroleum Exporting Countries, OPEC basket of 14 crudes stood at $61.85 a barrel on Thursday,…
‘Gas should not be seen as a source of immediate tax revenue but rather an enabler of the entire… Mar 12, 2018 The President, Nigerian Gas Association,(NGA) and Chief Executive Officer, Frontier Oil Ltd, Engr. Dada Thomas on the sideline of…
Total Closes the Maersk Oil Acquisition Deal Mar 9, 2018 Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1…
Lufthansa operates all-female flight on International Women’s Day Mar 9, 2018 Frankfurt - On International Women's Day, female passengers on flight LH 174 from Frankfurt Airport received more than just red…
The G20 aims at cooperation to reduce excess steel capacity Mar 9, 2018 The Global Forum on Overcapacity Steel G20 concluded the first meeting of the year in Paris, France. The objective of the Global…
Shell makes effort to ensure environmental sustainability in Nigeria Mar 8, 2018 Shell Petroleum Development Company, SPDC has made concerted effort to ensure environmental sustainability through risk and impact…
NCDMB begins construction of Nigerian Oil and Gas Park in Cross River State Mar 8, 2018 The Nigerian Content Development and Monitoring Board (NCDMB) has begun the construction of the Nigerian Oil and Gas Park at…
Nigerian oil marketers withdraw ultimatum given to FG Mar 8, 2018 Oil Marketers under the aegis of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Major Oil Marketers…
US threat of tax on EU cars affects German car industry Mar 8, 2018 Frankfurt (dpa) - German carmaker BMW's shares fell by 1.17 per cent on Monday after US President Donald Trump threatened to…
Germany presses charges in case of kidnapped Vietnamese oil executive Mar 8, 2018 Karlsruhe, Germany - German public prosecutors have pressed kidnapping charges against a 47-year-old Vietnamese man for the…
Chlorine gas accident at German pool leaves 40 injured Mar 8, 2018 Karlsruhe, Germany - A release of chlorine gas left 40 people injured at a clinic swimming pool in Germany's south-western state…
Total acquires a 16.33% stake in the Waha Concessions in Libya Mar 3, 2018 Paris - Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya. This…
Workers at three German nuclear power plants stage one-day walkout Feb 27, 2018 Hanover, Germany (dpa) - Workers at three power plants in north-western Germany are staging a day-long walkout to apply pressure…
German cities clear to ban diesel vehicles after high court ruling Feb 27, 2018 Leipzig, Germany - Environmental bans on diesel-powered vehicles are legal in German municipalities, a top German court ruled on…
Aker Solutions Wins Subsea Order for Nova Project Feb 27, 2018 Aker Solutions won an order from Wintershall Norge AS to provide the subsea production system, umbilicals and services for the…
Shell sees potential LNG supply shortage as global demand surges Feb 26, 2018 The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by…
Replicate NLNG model to increase gas sector opportunities – NLNG Deputy MD Feb 26, 2018 The Deputy Managing Director of Nigeria LNG Limited (NLNG), Sadeeq Mai-Bornu, on Tuesday, said the NLNG business model needs to be…
NIPS 2018: Products pricing, Nigeria’s greater challenge – Kachikwu Feb 26, 2018 By Ayobami Adedinni The Minister of State for Petroleum Resources, Ibe Kachikwu, has described pricing as the nation’s greater…
Oil, gas to provide more than half of the world’s energy needs till 2040 – Barkindo Feb 26, 2018 By Ayobami Adedinni The Secretary General of the Organisation of Petroleum Exporting Countries, (OPEC), Mohammed Barkindo has…
Global energy market forecast favours gas – Tony Attah Feb 26, 2018 The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Monday, said projections put gas…
OPEC Secretary General Delivers Keynote Speech at Nigeria’s Official Oil & Gas Event,… Feb 26, 2018 Keynote address delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the Nigeria International Petroleum Summit,…
NIPS2018: Kachikwu lists new challenges for oil companies to facilitate power, jobs, others Feb 26, 2018 By Ayobami Adedinni The Minister for State for Petroleum, Ibe Kachikwu has challenged the oil producing companies to face the…
Energy is central to sustainable development, one of the priorities of the G20 – Mauricio… Feb 26, 2018 President of Argentina has stressed the importance of renewable energies, focus area energy transitions G20. President of…
Report: 770 million euros more needed for Berlin’s new airport Feb 26, 2018 Berlin - The scandal-plagued Berlin Brandenburg Airport (BER) project will need an additional 770 million euros before take-off,…
Total, Borealis and NOVA Chemicals Forms a joint Venture Feb 20, 2018 Paris/Vienne/Calgary – Total S.A., Borealis AG and NOVA Chemicals Corporation has officially announced that affiliates of the…
NIPS 2018: NNPC Calls for Collaboration among African Countries in Oil Sector Feb 20, 2018 The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and…
Wood wins multi-million dollar five-year contract in Saudi Arabia Feb 15, 2018 Wood has secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one of its…
DEA boosts oil and gas production in Egypt Feb 15, 2018 DEA Deutsche Erdoel AG announces a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq…
GE to Increase Output and Reliability of SPDC’s Afam VI plant in Nigeria Feb 15, 2018 GE’s Services Agreement to Provide Total Plant Solutions for the 650MW Afam VI Combined-Cycle Plant GE’s MXL2 Upgrade Will…