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Oil prices to average $91 per barrel in 2022, says Fitch
Fitch Solutions has forecast an average $91 per barrel for Brent crude oil in 2022 on the back of current…
Dangote Refinery still on course for 2020 start, say Renaissance analyst
With most of its needed equipment on ground, an analyst at Renaissance Capital, Temilade Adurogba, has declared that Dangote Refinery…
NCDMB lauds Dangote Refinery over compliance to local content act
Nigerian Content Development and Monitoring Board (NCDMB) has lauded the Dangote Refinery project over its compliance to the local content…
Industry analysts see Venezuelan possibility in Nigeria if PIB is not passed soon
Industry analysts meeting in Enugu, Enugu State, at a stakeholders roundtable, have urged the federal government to pass the Petroleum…
Barkindo says oil prices rising on perceived supply shortages amid OPEC’s revised oil demand forecast
Current oil prices reflect market "perceptions" of a potential supply shortage rather than an actual inability of Organisation of Petroleum…
Global carbon emissions to continue upward trend in 2018, says global energy watchdog
Faith Birol, the executive director of global energy watchdop, the International Energy Agency (IEA), has tweeted that he expects carbon emissions…
Local content fund bumps indigenous vessel ownership by 38%
The Nigerian Content Intervention Fund (NCIF) created in a bid to increase local content is responsible for the 38 percent…
Petrochemicals to account for 33% of oil demand growth by 2030, says IEA
The International Energy Agency has said that petrochemicals will account for more than 33 percent of oil demand growth globally…
Poland’s largest refiner shows interest in Nigerian crude
Poland’s largest oil refiner, PKN Orlen, is exploring Nigerian crude oil as its new source of supply following the country’s…
Experts skeptical modular refineries can refine 10% of Nigeria’s crude output
Modular refineries have been described as a cost effective and timely option in comparison with medium and large scale refineries…
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