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15 July 2015, Lagos – Shell Petroleum Development Company, SPDC, yesterday, lifted its more than two months force majeure on exports of Nigeria’s Forcados crude oil stream, following the repair of the Trans Forcados Pipeline. Trans Forcados pipeline According to a statement by the company, the Joint...

Naira set to depreciate further. 15 July 2015, Lagos – Nigeria will have to devalue its currency at some stage, possibly by more than 15 percent,...

OPEC headquarters 15 July 2015, Sweetcrude, Vienna, Austria — The price of OPEC basket of twelve crudes stood at 54.55 dollars a barrel on Tuesday,...

NNPC Towers *Says there’s “siege mentality” within Corporation Oscarline Onwuemenyi, with agency reports 15 July 2015, Sweetcrude,...

Electricity distribution sub station. *Indicts AEDC over shoddy, defective execution of projects Oscarline Onwuemenyi 15 July 2015, Sweetcrude, Abuja...

Power transmission towers. *Despite electricity workers opposition Oscarline Onwuemenyi 15 July 2015, Sweetcrude, Abuja – The Federal Government...

Yemie Adeoye 15 July 2015, Sweetcrude, Lagos – The chairman, OTL Africa Downstream, Mr. Emeka Akabogu, has faulted the speaker of the House of Representatives,...

14 July 2015, News Wires – During the early 1970s, Saudi Arabia cut production as a reminder that it held the cards to the world’s petroleum resources....

14 July 2015, Lagos – Nigeria and other oil  producing countries are set for tougher times following the fall in global oil prices, according to...

Shell gas flare at Kolo Creek – surrounded by agricultural fields. 14 July 2015, Abuja – Nigeria has lost up to $868.8 million, about N173.76...