Why stakeholders clamour for energy bill

The recent outcry by the president of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Igwe over the continued deteriorating employment situation and the...

The economic benefits of building FPSO in-country

Nigeria has had several integration of fabrication production storage and off-take vessel (FPSO) projects undertaken on her behalf by multinational oil companies in many...

Total Q3 profit declines as refining margins drop

Europe’s second-largest oil producer, reported a 19 percent declined in third-quarter profit as refining margins in Europe dropped. Profit, excluding changes in inventories, fell to...

Shell profit misses analyst estimates as global production drops

Royal Dutch Shell Plc reported third-quarter earnings that missed analyst estimates as production and refinery margins dropped. Profit excluding one-time items and inventory changes fell...

PwC advises oil firms on operational excellence

Price WaterhouseCoopers has called on independent oil and gas companies operating in Africa to adopt operational excellence if they are to overcome their teething...

Brent dips as US stockpiles rise

Brent crude edged down below $109 in early Wednesday trade as fears waned about the extent of disruptions to petroleum exports from OPEC member...

FG mulls new law on piracy and robbery at sea

The Federal Government has commenced the enactment  of new laws that will  checkmate the activities of pirate attacks and related crimes against ships at...

Nigeria, others share green solutions for development challenges

Representatives from some 150 countries are currently gathered at the headquarters of the United Nations Environment Programme (UNEP) in Nairobi, Kenya, to tackle development...

Banks ‘ready to fund Brittania-U’s acquisition of Chevron assets’

With the emergence of Brittania-U Nigeria Limited as the winner of the bids for three Chevron oil blocks, it has been reliably gathered that...

OPEC daily basket price stood at $106.36 a barrel Tuesday, 29 October 2013

The price of OPEC basket of twelve crudes stood at 106.36 dollars a barrel on Tuesday, compared with $105.75 the previous day, according to OPEC Secretariat...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...