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OIL AND GAS NEWS

New and analysis from Nigeria's oil and gas sector.

Nigerian crude exports to the United States  hit a three year high this week after it exported 559,000bpd...
Nigeria’s embattled Central Bank Governor Godwin Emefiele, shocked markets with a surprise rate hike this afternoon. We have...
The Federal Government has procured 73 motorized oil palm harvesters to ease the suffering and loss that the...
Wärtsilä, a Finnish corporation which manufactures and services power sources and other equipment in the marine and energy...
Punch FG to establish technology development bank: The Federal Government is in the process of establishing a science...
The Federal Government has issued a statement of its resolve to deal ruthlessly with anyone caught engaged in...
The People’s Republic of China has indicated its willingness to purchase more crude oil from Nigeria, not minding...
Oil prices closed the week at $40 holding steady from the same price a week ago an indication...
The police in Cross River State have confirmed that a total of 3 casualties have so far been...
Major Oil Marketers Association of Nigeria (MOMAN) an independent body of key players in the downstream sector have...
Iranian oil has been delivered to Europe for the first time since the sanctions were lifted in January...
Minister of budget and planning, Udoma Udo Udoma, has said that the government may reduce the oil benchmark...