You Are Browsing ‘Oil’ Category

10 November 2014 - Independent explorer Cairn Energy reported Monday that it has made a second oil discovery offshore Senegal after its FAN-1 well’s “substantial” oil find in early October. Cairn said that the latest well, called SNE-1, confirms hydrocarbons in the Cretaceous clastic rock...

10 November 2014 - Libyan state security guards have started a protest at the 120,000 barrel per day Hariga oil port in the east, halting all oil exports...

10 November 2014 - Brent crude rose towards $84 a barrel on Monday, climbing for a second straight session amid heightened military activity in Ukraine...

10 November 2014, Port Harcourt - The Nigeria Security and Civil Defence Corps, NSCDC, said it has recovered a wooden Boat loaded with Crude-Oil in an...

09 November 2014 - Brent crude, the international benchmark for oil, now trading in the US$80 per barrel zone, its lowest levels since October 2010, is...

09 November 2014 - Rig contractor Transocean Ltd said it expected to incur impairment charges of $2.76 billion in the third quarter and would delay its...

08 November 2014, Abuja – As demand for refined petroleum products is expected to increase in Africa, a new report by the Organisation of the Petroleum...

08 November 2014, Abuja – Chairman, House of Representatives Committee on Petroleum Resources, Downstream, Dr. Dakuku Peterside, has described the...

08 November 2014, Lagos – The Nigerian Ports Authority (NPA) on Thursday said four ships with 143,000 tonnes of petrol were waiting to berth at...

08 November 2014, Lagos – A Nigerian indigenous oil and gas services company, Arco Petrochemical Engineering Company Plc (APEC), which until recently...