Construction of onshore facilities has been awarded to a consortium led by Japan’s JGC, U.K firm TechnipFMC and U.S. company, Fluor Corp
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P&ID Nigeria, the local subsidiary of the company was also disbanded by the judge
The awarded oil firms include Vitol, Trafigura, oil major, BP and local downstream companies
Rising concerns surrounding the health of the global economy is another one of the engines that will help drive Gold prices
Libya announced the resumption of production on Monday at its largest oil field and the loading of crude at a shipping terminal, following a three-day suspension…
Global Oil prices looked tired, exhausted and ready for an early summer break during the second quarter of 2019
Nigeria’s production rose to 1.97 million barrels per day (mbpd) last month, up from the 1.69mbpd quota under the cut agreement
The approval of the pact extension on Tuesday follows a decision by OPEC producers the previous day
A self-declared “national front” is leading the charge to salvage refining company SAMIR
“Any deliberate disruption of oil sector operations will severely impact national revenue streams, potentially render NOC in contravention of contractual obligations