Tag: Oil
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NMDPRA unveils 6 new regulations for growth in oil, gas industry
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled six gazetted regulations to spur investment and economic growth in the midstream and...
New oil, gas discoveries indicate Nigeria’s huge reserves – Expert
An Oil and Gas Expert, Prof. Olanrewaju Aladeitan, has lauded the new oil and gas discoveries in Nigeria, which indicate that the country has...
Petrol Price May Increase As Brent Stabilises Around $35/Barrel
Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of a possible hike in petrol price in Nigeria any time soon.
Oil field shutdown, others stall 335.8 million barrels production
The shutdown, shut-ins and maintenance exercise on some oil fields and crude production facilities in different stations across the country between May and July this year resulted in a total crude oil production loss of about 335.8million barrels.
Oil Prices Drop After Iran- US Nuclear Agreement
By Alphonsus E.WOil prices have dropped on the international market after Iran and US agreed to a deal that would see the Middle- East...
