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OIL AND GAS NEWS
New and analysis from Nigeria's oil and gas sector.
Nigeria's oil exports is set to potentially increase by over 500,000 barrels daily if these two companies actualize their plans.
Worst among OPEC countries.
A weekly roundup of oil and gas industry in Nigeria
Conoil Plc released its 2015 full year result for the year ended 31 December 2015 ; See below...
It's a long read...but worth every bit of your time.
Chief Energy Adviser of Shell explains why the current slump in oil prices may not be reversed until the second half of 2017.
FIRS releases its first half collection figures, with the Service recording boosts in non-oil collections to the tune of N2.43 trillion
It is typical for companies in a particular year, to pay dividends out of retained earnings and/or current year profits. But it could come at a cost.
Figures released by the Ministry of Finance showed that there was a 20.5% drop in distributable income for July 2016.
Professor Charles Soludo, a former Governor of the Central Bank of Nigeria, has labelled the continuous slump in...
Anger in the Delta keeps oil majors quiet - and Nigeria's crude offline Oil companies and even Nigerian...