Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL, has sealed an agreement, directed at buying Sasol Middle… Read more “Chevron seals agreement to takeover Sasol’s interest in Escravos Gas-to-Liquids asset”
Category: Petroleum
Nigeria, Saudi Arabia restate commitment to OPEC+
Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export Countries and its allies known as OPEC+ agreement.The Minister of State for… Read more “Nigeria, Saudi Arabia restate commitment to OPEC+”
FG raises petrol pump price to N143.80
The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140 . 80 to N 143 .80 per litre for Premium Motor Spirit ,… Read more “FG raises petrol pump price to N143.80”
Output cut: OPEC+ gives non-compliant countries Monday deadline to submit compensation plans
Member countries of the Organisation of Petroleum Exporting Countries (OPEC), and its allies in the Declaration of Cooperation, called OPEC+, yesterday, gave participants in the agreement yet… Read more “Output cut: OPEC+ gives non-compliant countries Monday deadline to submit compensation plans”
OPEC, allies agree to extend deep output cuts through July
OPEC members led by Saudi Arabia and other key oil producers agreed Saturday to extend historic output cuts through July.The 13-member cartel and its allies, among them… Read more “OPEC, allies agree to extend deep output cuts through July”
