Mkpoikana Udoma 28 December 2017, Sweetcrude, Port Harcourt — The Movement for the Survival of the Ogoni People, MOSOP, has condemned RoboMicheal Limited and the Nigerian Army over an alleged forceful occupation of its secretariat in Bori, Khana Local Government Area of the Rivers State. The Publicity Secretary of MOSOP, Mr. Fegalo Nsuke said heavily …
The post MOSOP condemns RoboMicheal over alleged military seizure of secretariat appeared first on SweetCrudeReports.
More »
Michael James 28 December 2017, Sweetcrude, Lagos — The Senate President, Bukola Saraki has directed the committee on petroleum resources to cut short its recess and conduct a stakeholders’ meeting in a bid to end the lingering fuel scarcity in the country. Saraki also directed the committee chaired by Kabir Marafa to summon the Minister of …
The post Fuel scarcity: Senate summons Kachikwu, Baru appeared first on SweetCrudeReports.
More »
OpeOluwani Akintayo 28 December 2017, Sweetcrude, Lagos — The Federal Ministry of Power, Works, and Housing headed by the Minister Babatunde Fashola, has listed eight power plant projects it will embark upon, come 2018. In a statement eleased today, the ministry listed the projects as Azura (450 MW), Katsina Wind Farm (10 MW), Gbarain (115 …
The post Ministry of Power to execute eight power plant projects 2018 appeared first on SweetCrudeReports.
More »
28 December 2017, London — Oil and gas producers, pipeline operators and refiners in Kuwait, the United Arab Emirates, Saudi Arabia, Oman, Bahrain, and Qatar borrowed a record $28.7 billion through bonds and syndicated loans in 2017, eclipsing the previous high set two years earlier, according to data compiled by Bloomberg. Those companies borrowed about …
The post Gulf energy firms issue record $28.7bn debt in 2017 appeared first on SweetCrudeReports.
More »
28 December 2017, Sweetcrude, Lagos — Market activities on the Nigerian Stock Exchange for energy companies on Thursday December 28, 2017 ended on a positive note despite the holidays. Top Gainers Total topped the chart of gainers with 10.95 points change, 118,238 volume of equities valued at 27,169,940.03 was traded. Mobil trailed behind Total with …
The post Equities prices of energy firms traded on the NSE appeared first on SweetCrudeReports.
More »
28 December 2017, Moscow — Russia is working to keep natural gas exports to Europe near record levels in 2018 after the continent’s biggest supplier, Gazprom PJSC, said its deliveries this year signal it is achieving on its ambitions to expand. The state-controlled gas giant plans to ship a minimum of 180 billion cubic meters …
The post Russia to sustain grip on Europe’s gas market appeared first on SweetCrudeReports.
More »
28 December 2017, Beijing – Sinopec says it started trial operations at its Fuling LNG plant in south-western Chongqing on Dec. 20 The Fuling plant is China’s first LNG plant that compressed shale gas into LNG The plant has a designated production capacity of 680,000 tonnes per year. (Reporting by Meng Meng and Ryan Woo; …
The post Sinopec starts trial run at China’s first shale gas fed LNG plant appeared first on SweetCrudeReports.
More »
