Oil and Gas
Firm Advocates Use Of Gas Flare, Oil Pollution Fines To Compensate Victims
A law firm; Ntephe, Smith and Wills (NSW), has called for channeling of gas flare and oil pollution fines to...
Oil Revenue Gets Boost As Price Hits $55
The international oil benchmark, Brent crude, extended its gains on Friday, rising above $55 per barrel, in what is a...
OPEC+ Compliance With Oil Cuts In November Slightly Fell To 101% – IEA
Compliance of OPEC and non-OPEC oil producing countries with the OPEC+ production cuts last month fell by two percentage points...
Nigeria’s Q3 Oil Exports Rise By 56% To N2.42tn
Nigeria more than doubled its crude oil exports in the third quarter of this year to N2.42tn after months of...
Nigeria’s Crude Oil Earnings Rebound By 116% –OPEC
.The 36-year-old man paraded last Friday by the Nigeria Security and Civil Defence Corps (NSCDC), Lagos State Command over alleged...
Shell Nigeria Employees Accused Of Causing Oil Spills
Employees of Shell Petroleum Development Company of Nigeria Limited, a subsidiary of Royal Dutch Shell, have been accused of orchestrating...
NCDMB Preserves $6.4bn of Nigeria’s Oil Industry Yearly Spend
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has stated that the agency has retained the...
OPEC Projects 6.2mbpd Growth In Oil Demand In 2021
.Some personalities at the inauguration of the 5,000 barrels-per-day Waltersmith Modular Refinery last week in Imo State. The Organisation of Petroleum...
OPEC+ Sets June 22 Deadline For Non-Compliant Members On Oil Output Cut
The Organisation of Petroleum Exporting Countries (OPEC) and its allies in the Declaration of Cooperation, called OPEC+, has set June...
OPEC Puts Nigeria’s Oil Output At 1.78 m/bd In April
The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output, excluding Condensate, at 1.78 million barrels per day,...
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