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Monthly Archives: November 2017

Oil Slips as OPEC Deal Seen Leading to Potential Shale Surge

OPEC Agrees to Extend Oil Cuts Until End of 2018

OPEC and its partners, including Russia, agreed to extend oil-production cuts to the end of 2018 and included Libya and Nigeria in the deal...
Marathon Oil Announces $1 Billion Gross Debt Reduction

Marathon Oil Announces $1 Billion Gross Debt Reduction

Marathon Oil Corporation (NYSE: MRO) announced today that it has entered into a transaction to redeem at par the outstanding $1 billion of 5.125...
Hungary Eyes Nigerian Crude Oil, LNG

Hungary Eyes Nigerian Crude Oil, LNG

  …As NNPC Collaborate on Medicine, Manpower Development By Ayobami Adedinni At a time that international crude oil market is getting more competitive, the Hungarian Government...
NLNG targets Q4 2018 for final decision on Train 7 — after eight-year delay

FID on NLNG Train 7 plus imminent

  By Ayobami Adedinni Nigeria LNG Limited, yesterday at the World LNG Summit holding in Portugal, announced that the company, with the full support of its...
Market Report: Nigeria Calls for Talks to Renew Licenses for Shell, Total

Nigeria Calls for Talks to Renew Licenses for Shell, Total

On Tuesday 7th November, the Nigerian National Petroleum Corporation (NNPC) guaranteed a steady supply of petroleum products nationwide to serve the nation throughout the...
TCN says Power grid collapsed six times in eight days in January

TCN energizes Asaba-Benin transmission line, adds 600MW capacity to transmission network

In line with the Federal Governments Strategy on incremental power, the Transmission Company of Nigeria has energized the 2ndAsaba-Benin 330kV transmission line on the...
germany renewable conference

Germany backs renewable energy projects in Africa

  Germany backs renewable energy projects in Africa with the launch of RLSF - an innovative liquidity facility managed by ATI Germany backs renewable energy projects...
climate change

Coal Back as Flashpoint in Climate-Change Fight

Coal emerged as the surprise winner from two weeks of international climate talks in Germany, with leaders of the host country and neighboring Poland...
Aramco shines at ADIPEC Awards

Aramco shines at ADIPEC Awards

Saudi Aramco was the most successful company at the Adipec Awards this year with the oil major’s projects winning two categories, and an Aramco...
NNPC reviews Corporate Governance to create fraud proof system

NNPC reviews Corporate Governance to create fraud proof system

The Management of the Nigerian National Petroleum Corporation (NNPC) is executing a major restructuring of its corporate governance framework to engender an accountable and...

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