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Nigeria targets early 2019 to ramp up crude production to 2.2 million barrels per day, says junior oil minister, Kachikwu
Nigerian crude oil production is expected to climb to the targeted 2.2 million barrels per day by early next year…
Shale won’t just go away, it would drive oil prices along with new demands, geopolitics in 2019 – IEA predicts
Oil prices will be largely driven by US shale, demand from new consumers led by India and the return of geopolitics in…
BP Q3 earnings skyrockets, to pay for $10.5 bn acquisition in cash
BP said it’s generating so much cash at the moment that, provided oil prices remain around their current range, the…
Ikeja GRA enjoys 18 hours of supply, soon to be round the clock-Ikeja Electric
Ikeja Electric has promised the residents of Ikeja GRA round the clock power supply as the DisCo said that it…
Total exceeds expectations in Congo with 200,000bpd production
Total has said that crude oil production at its subsidiary in the Republic of Congo has exceeded expectations. The company…
BP Q3 earnings skyrockets, to pay for $10.5 bn acquisition in cash
BP said it’s generating so much cash at the moment that, provided oil prices remain around their current range, the…
Nigerian airline business buffeted by multiple taxes, foreign exchange scarcity
Nigeria’s beleaguered aviation industry continues to teeter along, stumbling, falling and getting up, but still stumbling. From airport facilities to…
Aramco and Total to build $9 billion petrochemical complex
Saudi Arabia’s Aramco and Total have signed a $9 billion agreement to build an integrated petrochemical complex that will have…
Power minister, Fashola, upbeat about promise in the electricity sector as Nigeria adds 945MW
Babatunde Fashola, minister of works, power and housing says Nigeria would add 945 megawatts (MW) electricity generating capacity to the…
Kachikwu establishes R&D Council for local content
Emmanuel Kachikwu, minister of state for petroleum resources has launched the Nigerian Content Research and Development Council (NCRDC), which is…
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