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OIL AND GAS NEWS
New and analysis from Nigeria's oil and gas sector.
Stakeholders have raised alarm over the non-utilisation of the 188 Trillion Cubic Feet (TCF) of Nigeria’s gas reserves,...
Nigerian President Muhammadu Buhari has not said much about the economy since his inauguration some two months ago....
First City Monument Bank, FCMB Ltd and Acugas Ltd have entered into a financing agreement that will see...
Oil and gas firm Seven Energy has secured a $495 million loan from a consortium of Nigerian and...
Nigeria has lost up to $868.8 million, about N173.76 billion to gas flaring in 2014, according to data...
Seplat Petroleum Development Co. Plc, SPDC, is set to invest $408 million in oil asset re-negotiations after several...
There are strong indications that Nigeria’s crude oil export will soar in August against the previous months. The...
The Federal Government has agreed to pay outstanding subsidy-related debt to oil product importers, Reuters reports. "They agreed...
Oil workers, acting under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have...
The daily output of the Organization of Petroleum Exporting Countries, OPEC, climbed to a three-year high in June....
After a month of being in Power President Buhari has finally spoken about an economy (well, a section...
Forte Oil has signed an $83 million contract with Germany's Siemens to upgrade its 414 megawatt (MW) gas-fired...