Oil service terms not improving despite oil price recovery – BHGE VP

Oil service terms not improving despite oil price recovery – BHGE VP

Ado Oseragbaje, the sub-Saharan Africa vice-president of Baker Hughes, a GE company (BHGE), in a recent interview with TOGY spoke about modular refining opportunities...

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Gas association advises FG against revoking oil firms’ licences over gas flaring

Gas association advises FG against revoking oil firms’ licences over gas flaring

The Nigerian Gas Association (NGA) yesterday advised the Federal Government to reverse its planned decision to revoke the licences of oil companies that failed...

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Lagos ports expect 9 ships carrying petrol

Lagos ports expect 9 ships carrying petrol

The Nigerian Ports Authority (NPA) says it is expecting 31 ships to bring petroleum products, food and other goods from Sept. 25 to Oct....

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Total signs pact with Stallion Group on lubricant supply

Total signs pact with Stallion Group on lubricant supply

Total Nigeria Plc and Stallion Group automotive members (Stallion NMN and Hyundai Motors Nigeria Limited) has signed a lubricant supply agreement following their choice...

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Dangote Refinery jetty receives first ship, BBC Naples

Dangote Refinery jetty receives first ship, BBC Naples

The Dangote Oil Refinery jetty located at the Lekki Free Trade Zone, Lagos, has received its first ever ship call, named “BBC Naples” which...

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11Plc, ASCON in dispute over ownership of asset

11Plc, ASCON in dispute over ownership of asset

There seems to be no end in sight to the lingering dispute between 11Plc (formerly Mobil Oil Nigeria Plc) and ASCON Oil Company Limited...

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Nigerians face kerosene scarcity 2yrs after suspension of subsidy

Nigerians face kerosene scarcity 2yrs after suspension of subsidy

The Federal Government had in 2016 removed subsidy on kerosene to save about $1b, which the county reportedly spent annually as financial support for...

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Spot trade for Nigerian crude slows as Platts mulls Nigerian grades for Brent price

Spot trade for Nigerian crude slows as Platts mulls Nigerian grades for Brent price

Spot trade remained fairly slow on Monday, as a major industry event in Asia kept activity in Nigerian cargoes subdued, and traders reported little...

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Oil prices at 4-year high after OPEC rules out production increase

Oil prices at 4-year high after OPEC rules out production increase

Oil prices jumped more than two per cent to a four-year high on Monday after Saudi Arabia and Russia ruled out any immediate increase...

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