Ike Amos 02 July 2018, Sweetcrude, Abuja — The Nigerian National Petroleum Corporation, NNPC has finalized the $724.14 million financing and technical services arrangement for the Anyalu and Madu fields under Oil Mining Licence, OML 83 and OML 85, offshore Nigeria. The financing and technical services arrangement is between the Corporation, its joint venture partner, …
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02 July 2018, Sweetcrude, London — The local and international financial market products and services update. NIGERIA: Britain and Nigeria are exploring ways to list naira-denominated bonds on the London Stock Exchange to help fund infrastructure projects in the West African country, the City of London’s Lord Mayor told Reuters. Charles Bowman, who acts as …
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Mkpoikana Udoma 02 July 2018, Sweetcrude, Port Harcourt — The Oil and Gas Free Zones Authority, OGFZA, has been ranked number one in the Federal Government’s Report on Ease of Doing Business Executive Order, EO1. In the report, Federal Government’s 44 ministries, departments and agencies, MDAs, were benchmarked against EOI indicators and OGFZA ranked number …
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02 July 2018, Sweetcrude, Abuja — The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, says the corporation was keen on using some of its new projects, including the 614-kilometre Ajaokuta-Kaduna-Kano, AKK, Gas Pipeline Project, to open up the gas corridor. He also said the NNPC was desirous of ensuring …
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…Conference opens today in Abuja 02 July 2018, Sweetcrude, Lagos — Integrated energy company, Petrolex, is featuring as a sponsor in this year’s Nigerian Oil and Gas, NOG, Conference and Exhibition, taking place in Abuja. The conference, holding Monday July 2 to July 5 at the International Conference Centre, has the theme, “Driving Nigeria’s …
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More »OpeOluwani Akintayo, with agency reports 01 July 2018, Sweetcrude, Lagos — A member of the Organisation of the Petroleum Exporting Countries, OPEC, Iran, has warned the group to “refrain from any unilateral measures”. In a letter by Iranian Oil Minister Bijan Zanganeh to his United Arab Emirates counterpart, Suhail Al-Mazrouei, who holds the OPEC presidency in …
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OpeOluwani Akintayo, with agency reports 01 July 2018, Sweetcrude, Lagos — Top oil exporter, Saudi Arabia, boosted oil supply by 700,000 barrels per day in June, a Reuters survey, quoting an anonymous source, has shown. The survey showed that the country’s exports stood at 10.70 million barrels per day in the month under review, up by …
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