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Nigeria: Govt Mulls Incentives for Modular Refinery Investors
02 28,2018
The federal government said it will in a matter of weeks conclude discussions on number of incentives lined up for investors who establish modular refineries in Nigeria.The government had been conside...
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Cleaner And Cheaper: The Future Of Natural Gas
02 28,2018
Just how clean is natural gas, really?Natural gas is the bridge fuel of the future that will carry the world until renewables take over. It is much cleaner than coal and oil, and it’s cheap. Natural ...
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Relationship between crude oil and the dollar in February
03 01,2018
On Thursday, the price of black gold moved higher after the EIA weekly report showed an unexpected decline in crude oil inventories. Is this one bullish factor strong enough to push light crude higher...
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OPEC expected that in this year oil production in non-OPEC countries will get increased
03 09,2018
OPEC expected that in this year oil production in non-OPEC countries will get increased Xinhua News Agency, Vienna, January 18 (Reporter Wang Tengfei) The Organization of the Petroleum Exporting Count...
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Natural Gas Imports Keep Rising
03 10,2018
Throughout the year in 2017, imports of natural gas in our country have been rising up steadily. Due to the growth of rigid demand, gas imports in 2018 are expected to expand further.According to stat...
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Total natural gas projects will exceed the number of oil in the future
03 11,2018
Total natural gas projects will exceed the number of oil in the future According to Dow Jones February 21, Arnaud Breuillac, executive of the exploration and production business of the French oil gian...
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The world may suffer from America's rise as a super oil-rich country?
03 12,2018
By the end of the year, the United States is likely to become the world's largest oil producer.In 1970, the eve of the energy crisis. American oil drilling company produced 10 million barrels of crude...
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IPMAN urges financial institutions to invest in modular refineries
03 12,2018
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Federal Government to engage banks in financing the building of modular refineries in the country.Alhaji Debo Ahm...
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Nigeria needs 100 modular refineries for fuel sufficiency
03 13,2018
No fewer than 100 modular re-fineries should be operational by 2020, if the Federal Government wants to improve fuel supply and stop scarcity of the product, Integrated Oil and Gas Limited Chairman Ca...
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BP CEO Bob Dudley says oil prices will range between $50-$65 'fairway'
03 14,2018
BP group chief executive officer Robert Dudley is making predictions about the price of oil again.The BP CEO famously said oil prices would stay lower for longer several years ago, and now says oil pr...
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U.S. Oil Export Surge Means OPEC's Production Cuts May Be Doomed
03 15,2018
Oil risks sliding back under $60 a barrel as a surge in U.S. shipments to Asia threatens to undermine a deal between OPEC and its allies, according to ING Groep NV.While the producer group complied wi...
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Shell and PetroChina Signed 27-year LNG Agreement
04 02,2018
Royal Dutch / Shell Oil Group and PetroChina have made significant progress in Australian natural gas development projects after the long wait, the two sides signed a 27-year agreement which provide t...
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Russian Gas Oil Companies is Planning to Export 2 Million Tons of Aviation Kerosine to China after 2
04 02,2018
According to the report of the Russian Tass, the responsible person in oil company of Gazprom stated that they will export 1.5million-2million tons of aviation kerosene to China every year after compl...
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Petrol Shortages and Squabbles over Petrol Shortages Continued in Abuja
04 02,2018
According to Newspaper Today of the Nigerian, on December 28, although Lagos's oil shortage has eased, the oil shortage in the capital, Abuja, continued Wednesday, with long lines at the entrance to t...
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BP Opened the 100th Fuel Retail Store in Mexico
04 02,2018
According to the RZNews.com website in London, December 14th, BP recently announced in London, BP opened the 100th fuel retail store in Mexico and would meet its target of opening an additional 500 fu...
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