The Nigerian Extractive Industries Transparency Initiative on Thursday said it had commenced a comprehensive independent audit…
Tag: oil
NEITI begins 2015, 2016 audit of oil, gas sector
The Nigerian Extractive Industries Transparency Initiative on Thursday said it had commenced a comprehensive independent audit…
Oil majors yet to relocate headquarters to Niger Delta
Although the federal government recently directed the oil majors in Nigeriato relocate their centre of operations…
Kachikwu: OPEC to attempt bringing US into next oil deal
The Minister of State for Petroleum Resources, Ibe Kachikwu, says the Organization of the Petroleum Exporting…
OPEC’s war on oil overhang starts to bear fruit
OPEC appears to be slowly winning the battle against a global overhang of crude and oil…
Nigeria pushes to legalise illicit refineries in restive Delta oil region
Nigeria aims to legalise illicit oil refineries in the turbulent Niger Delta region, the vice-president’s office…
Oil rises to near 1-month high on supply tightening
Oil rose to a near one-month high on Wednesday on signs of a gradual tightening in…
Nigeria loses as US oil attracts more buyers
Nigeria has lost some of its market share in Europe, its biggest regional market, as crude…
NIMASA partners Navy, Air Force to fight oil theft, piracy
To fight oil thieves and pirates on our territorial waters, the Nigerian Maritime Administration and Safety…
Oil drops as U.S. drilling growth threatens OPEC cuts
Oil fell as a U.S. drilling revival undermines the potential for OPEC output curbs to rebalance…
Shell’s 17 onshore oil licences to expire by 2019
About 17 Niger Delta onshore Oil Mining Leases (OMLs) belonging to the Shell Petroleum Development Company…