Sunday, April 19, 2026
FG shortlists 200 investors for gas flare sites
The federal government has shortlisted 200 investors to bid for gas flare sites after the evaluation of statements of qualification...
Read moreDetailsNigeria LNG signs 10-year gas deal with Galp
Nigeria Liquefied Natural Gas (NLNG) has signed a deal with Galp Trading SA for the supply of one million tonnes...
Read moreDetailsOil prices push up the trend following last night’s descent
The latest crude oil price rally was nipped in the bud last night by the news that 15,000 new...
Read moreDetailsGlobal oil demand set to see first quarterly decline in over 10 years, says IEA
Global oil demand is now expected to see its first quarterly contraction in over a decade, according to the International...
Read moreDetailsEIA reports hefty oil inventory build
Crude oil prices hesitated today after the Energy Information Administration reported a US oil inventory build of 7.5 million barrels for the...
Read moreDetailsGlobal oil demand growth is evaporating
The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic...
Read moreDetailsUpstream sector leads global oil & gas M&A deals
By Samson Echenim The upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and...
Read moreDetailsEquatorial Guinea looks to copy Nigeria’s modular refinery model
...as oil minister visits Waltersmith site in Imo Equatorial Guinea, an oil producer in the Gulf of Guinea, says...
Read moreDetailsCoronavirus pushes oil to fifth consecutive weekly drop
Oil prices were on track for a fifth weekly decline early on Friday, weighed down by the loss of demand...
Read moreDetailsOPEC committee recommends fresh 600,000bpd oil output cut
With crude oil prices shedding over $11 per barrel this year to $55, thus alarming the producers, a panel set...
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