Equatorial Guinea’s Oil and Gas Sector Tackles COVID-19 Strategy
Equatorial Guinea’s leading energy players united in a webinar on Thursday to address the impact of COVID-19 on the country’s oil and gas sector and delineate mitigation measures to sustain its pace of engagement with global investors. With a sharp…
Oil Marketers Boost Delta State Food Bank, Donate Medical Equipment
The Oil marketers: Rain Oil, Cybernetics, Matrix, Prudence, AYM Sharfa, Optima, Taurus and Nepal companies A consortium of petroleum products marketers in Delta State have donated food items and medical equipment worth N100 million to the state government to support…
Interesting! NNPC Releases Details of Cost Implications of Fuel Price Cut
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele K. Kyari, has released the cost implications of the immediate reduction in the petrol pump price. The statement personally signed by the Group Managing Director, the corporation said…
How Crude Oil Price Forced FG to Slash Pump Price of Petrol
The Federal Government has ordered the Nigerian National Petroleum Corporation (NNPC) to adjust the price of fuel to reflect global market realities, with the price of crude oil at 18-year low globally as a result of the outbreak of Coronavirus…
Oil Corporation Announces 1st Gas Discovery in 3 Decades
The Sharjah National Oil Corporation (SNOC) and its partner Eni, have announced a successful new discovery of natural gas and condensate onshore in Sharjah. The discovery, named ‘Mahani’ comes within the first year of the partnership and represents the first…