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  • 2019
  • March
  • 4

Day: March 4, 2019

  • Oil & Gas

Oil: OPEC output cut, US/China tariff truce force prices up

Energy Worth7 years ago7 years ago04 mins

Oil prices rose on Monday, buoyed by output cuts by OPEC and reports that the United States and China are close to a deal to end a year-long tariff row. International Brent futures were at 65.25 dollars a barrel at 07:13 GMT, up 18 cents, or 0.3 per cent, from their last close. U.S. West…

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  • Oil & Gas

Nigeria’s oil exports drop as Aiteo shuts pipeline

Energy Worth7 years ago7 years ago05 mins

The nation’s crude oil export has suffered a setback following the shutdown of the Nembe Creek Trunk Line, one of the major crude oil transportation channels used for export. The NCTL, which is 100 kilometres long and has a capacity of 150,000 barrels per day at Nembe Creek, evacuates crude to the Bonny Crude Oil…

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  • International Chamber of Shipping expresses disappointment over Member States’ failure to reach agreement
  • NAPE, NNPCL collaborate on oil exploration and workforce development
  • NERC approves ₦28 billion for DisCos to distribute free meters nationwide
  • Shell approves $2 billion offshore gas development in Nigeria
  • Nigeria unlocking $410bn to become Africa’s renewable energy hub –VP Shettima

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Most Read

  • International Chamber of Shipping expresses disappointment over Member States’ failure to reach agreement
  • NAPE, NNPCL collaborate on oil exploration and workforce development
  • NERC approves ₦28 billion for DisCos to distribute free meters nationwide
  • Shell approves $2 billion offshore gas development in Nigeria
  • Nigeria unlocking $410bn to become Africa’s renewable energy hub –VP Shettima

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