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OIL AND GAS NEWS

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

Boc Gases Plc recorded a 67% drop in profits for 2015 half year, Pre-tax profit reduced from N150,227...
Port Harcourt Refinery will this week resume full production of petrol, when Chrome Oil Services Limited would have...
Seplat Petroleum Development Company Plc, on Friday announced plans to increase its gas production to 500 million Standard...
Shell has declared force majeure on gas supplies to Nigeria's LNG export terminal on Bonny Island in Rivers...
This is for the investor trying to form an opinion on the outlook for Forte Oil as the...
ExxonMobil plans to invest close to $3 billion in Nigerian natural gas sector. The message was conveyed by...
There is an old saying among investors “Don’t catch a falling Knife.” While hedge funds can go long...
Orient Petroleum Resources Plc has concluded plans to increase the production of crude oil in its wells to...
Investors in power sector are banking on the appointment of key government’s officials in September to get gas...
The Department of Petroleum Resources (DPR) has stated that Nigeria’s gas reserves of 188 trillion cubic feet (TCF)...
Crude oil futures hit four-month lows on Monday after a steep drop in China's stock markets spread concerns...
Nigeria's gross government revenues rose for the second consecutive month in June to N485.95 billion ($2.44 billion), up...