The Organisation of Petroleum Exporting Countries (OPEC) has said that more than one-third of the 24 countries currently working together under a negotiated framework to cut down oil outputs and…
Logistics firms scramble for Dangote’s refinery import contracts
Over 10 logistics companies are scrambling to get the nod from Dangote Industries to ferry tons of equipment for use in the consruction of a massive Refinery and allied projects…
Nigeria’s crude may rise $2p/b above dated Brent in May
Nigeria’s crude grades may rise above $2 per barrel above dated Brent in May, according to market schedule for May seen by SweetcrudeReports. According to schedule, Exxon Mobil is already…
FG to deploy technology in monitoring oil pipelines across Nigeria
The Managing Director, Nigerian Pipelines Storage company (NPSC), Luke Anele, has said the agency is deploying new technologies to monitor activities in oil pipelines across the country. Mr Anele made…
Nigerians paid more for cooking gas, kerosene in February
The average price for refilling a five kilogramme (Kg) cylinder for Liquefied Petroleum Gas, otherwise known as cooking gas increased by 1.37 per cent (month-on-month) to N2, 067.68 in February…
Nigerian gas flare commercialization programme
The Nigerian Gas Flare Commercialization Programme (NGFCP) manages all gas flare matters on behalf of the Federal Government of Nigeria (FGN). The NGFCP attracts investments and is responsible for the…
Nigeria set to see rise in exports of crude oil grades
Exports of two Nigerian crude oil grades, Qua Iboe and Bonny Light, are set to rise in March. April loading programmes for several Nigerian grades emerged late last week, according…
Election postponement threatens delay on Nigerian crude schedule, price.
Loading schedules for Nigerian crude oil and prices could be further threatened this week following the postponement of the country’s presidential and other elections earlier planned to hold on Saturday.…
Nigeria, India to partner on energy security
Nigeria and the Republic of India have pledged to work more closely to enhance energy security of both countries. The consensus came on the heels of a visit Tuesday in…
The power of rejection
Everyone knows what rejection feels like. It is the most common emotional wound we experience. Whether you’ve been passed over for a job, turned down by investors or simply left…