The National Bureau of Statistics (NBS) says Oil and Gas and Manufacturing sectors got credit allocation…
Tag: oil
Sanctions: Iran seeks solution to sell oil, transfer revenues
Iran’s vice president says the government was seeking solutions to sell oil and transfer its revenues…
Exxon foresees more oil from Guyana’s offshore block
Exxon Mobil Corp and its partners now expect the large Stabroek oil block offshore Guyana, to…
Brazil: Oil magnate jailed 30 years for corruption
Eike Batista, the former mining and oil magnate who was once Brazil’s richest man, was convicted…
Algeria trade deficit declines to $856m in Q1
Algeria’s trade deficit fell to $856 million in the first four months after $3.87 billion in…
The unexpected oil bliss and the misery of the rainy day
The years 2012, 2013 and 2014 were probably the best for the oil industry as crude…
Jonathan: local content has hit 32% in oil, gas industry
By The Nation The value addition and percentage spending retained in Nigeria’s upstream and downstream operations…
Houthi rebels seize 19 oil ships in Yemen
Houthi forces in Yemen are said to be holding 19 oil vessels in the area of…
Egypt eyes $10bn oil foreign investment in 2018
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, on Sunday said that the country’s…
NNPC targets 100% computerization of oil sales December
By Omotilewa Quadri The Nigerian National Petroleum Corporation (NNPC) says it hopes to attain 100 per…
FG to unveil oil, gas roadmap to address infrastructure deficits
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday, said the Federal Government would…
South Sudan says oil sanctions will undermine search for peace
South Sudan said on Thursday that U.S. sanctions on 15 South Sudanese oil operators will work…