Monday, April 29, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Petrobarometer

‘Dollar rain’ for indigenous oil firms — and other highlights of the petroleum summit

    ‘Dollar rain’ for indigenous oil firms — and other highlights of the petroleum summit

The maiden Nigeria International Petroleum Summit (NIPS) came to an end on Friday with positive reviews from a gathering of major stakeholders in the oil and gas industry both locally

0 comment Read Full Article

Nigeria targets bringing down oil production cost to $15/barrel

    Nigeria targets bringing down oil production cost to $15/barrel

Ahead of proposed plan by the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC members led by Russia to make permanent their cooperative agreement on putting a cap on oil

0 comment Read Full Article

‘Modular refineries too expensive, won’t end fuel scarcity’ — LCCI douses enthusiasm

    ‘Modular refineries too expensive, won’t end fuel scarcity’ — LCCI douses enthusiasm

Despite the general enthusiasm by both the Nigerian and private investors for the establishment of modular refineries, the Lagos Chamber of Commerce and Industries (LCCI) says this plan is too

0 comment Read Full Article

NNPC fuel import binge gulps $5.8bn — but scarcity persists

    NNPC fuel import binge gulps $5.8bn — but scarcity persists

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it has spent $5.8 billion to import 9.8 million metric tons of petrol since late last year to combat the fuel crisis. Mainkati

0 comment Read Full Article

Kachikwu insists: We won’t sell the refineries

    Kachikwu insists: We won’t sell the refineries

Ibe Kachikwu, minister of state for petroleum resources, says the federal government will NOT sell its refineries. Rather, the aim

0 comment Read Full Article

Barkindo: Oil producers need $10.5tr investments to meet rising world oil demand

    Barkindo: Oil producers need $10.5tr investments to meet rising world oil demand

Mohammed Barkindo, secretary general of the Organization of Petroleum Exporting Countries (OPEC), has expressed concern over the powerful cartel that

0 comment Read Full Article

Nigeria ‘not worried’ about falling crude oil prices

    Nigeria ‘not worried’ about falling crude oil prices

Ibe Kachikwu, minister of state for petroleum resources, says Nigeria is unruffled by the slide in crude oil prices, maintaining

0 comment Read Full Article

Kachikwu to NNPC: Do whatever it takes to end petrol queues in Abuja

    Kachikwu to NNPC: Do whatever it takes to end petrol queues in Abuja

Ibe Kachikwu, minister of state for petroleum resources, says the Nigerian National Petroleum Corporation (NNPC) should “do whatever it takes”

0 comment Read Full Article

Oil contribution to GDP rebounds after four-year fall — but Nigeria still vulnerable

    Oil contribution to GDP rebounds after four-year fall — but Nigeria still vulnerable

Oil contribution to Nigeria’s gross domestic product (GDP) is on the rise after witnessing a downward trend over a four

0 comment Read Full Article

Oil falls below $60— Nigeria safe for now

    Oil falls below $60— Nigeria safe for now

The global crude oil market seems not to have recovered from the fears of another supply glut as West Texas

0 comment Read Full Article
error: Content is protected from copying.