Nigeria oil reform saga

Tuesday, February 23rd, 2010

Oil industry analysts warn the bill before lawmakers would cut drastically into company profits and ruin the business climate. Nigeria's proposed oil industry reforms could drive away $50 billion in investment ...


Oil theft in Nigeria

Thursday, November 12th, 2009

SECURITY agents were yesterday put on the high alert over the high rate of illegal bunkering and theft in the oil sector. The Speaker of the House of Representatives, Dimeji Bankole, ...


Crude oil for September 2009 delivery dropped down $1.61 to $65.62 a barrel in after-hours electronic trading on the New York Mercantile Exchange. ;London Brent fell $1.33 to $68.55 a barrel on London’s ICE Futures Europe exchange ; Dolphin Energy of Abu Dhabi, in a move to increase its Qatari gas supply by one billion cubic per feet per day

Wednesday, July 29th, 2009

Dolphin Energy of Abu Dhabi, in a move to increase its Qatari gas supply by one billion cubic per feet per day to meet growing UAE and Omani demand and ...


Oil News from around the web, Crude oil for August 2009 delivery fell as much as $0.63, or 0.9%, to $66.10 a barrel on the New York Mercantile Exchange. Brent crude oil for August 2009 settlement dropped as much as $0.79, or 1.2%, to $65.86 a barrel on London’s ICE Futures Europe exchange

Friday, July 3rd, 2009

Kosmos Energy, a privately-held oil company with a stake in Ghana’s newly-discovered oil reserves, has been the subject of interest from China and India’s ONGC. Now Shell is rumoured to ...


Oil News from around the web, Crude oil for August delivery on the New York Mercantile Exchange dropped $1.13, or 1.7%, to $66.37 a barrel. . London Brent crude fell $1.08, or 1.6%, to $65.90 a barrel on London’s ICE Futures Europe exchange

Tuesday, June 23rd, 2009

------------- Economic Mills Energy Nigeria to give Ghana more crude oil, extend credit days From Benjamin Mensah, GNA Special Correspondent, Abuja, Nigeria Abuja, Nigeria, June 19, GNA - President ...


Oil News from around the web, Crude oil for July 2009 delivery rose as much as $0.82, or 1.2%, to $72.15 a barrel ,Brent crude for July 2009 delivery increased as much as $0.72, or 1%, to $71.52 on London’s ICE Futures

Thursday, June 11th, 2009

The US Energy Department said that the stockpiles of oil fell 4.38 million barrels to 361.6 million in the week ended 5 June 2009. Analysts surveyed said that supplies would ...


Oil News from around the web, US light sweet crude hit $70.32 per barrel $69.21 before sliding to $68.75. London Brent was at $68.60 a barrel

Tuesday, June 9th, 2009

)))The Petroleo Brasileiro consortium, in which Petrobas holds a 65% operating stake, has confirmed the potential for 5-8 billion barrels of recoverable light oil and natural gas in the pre-salt ...


Daily Oil Newsbite, Naira May Fall 15%, Oil stocks lead losers

Thursday, February 5th, 2009

Naira May Fall 15% if  Crude Weakens, Citigroup Says The naira may weaken as much as 15 percent this year should the price of oil, which accounts for 90 percent of ...


ERHC Energy Inc. takes legal action to protect its rights

Tuesday, November 4th, 2008

Suit seeks to stop tampering with ERHC’s rights in Joint Development Zone Blocks 5 and 6 ABUJA, NIGERIA, November 3, 2008 – ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American ...


Industrial Nanotech, Inc. Announces New Distributor in Nigeria

Tuesday, July 29th, 2008

Industrial Nanotech, Inc. Continues African Oil and Gas Market Expansion, Announces New Distributor in Nigeria NAPLES, Fla.--(BUSINESS WIRE)--Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, continued its international ...


ExxonMobil Marks First-Ever World Malaria Day

Thursday, April 24th, 2008

Global Company Involved in Initiatives on Three Continents IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) takes the battle against malaria to three continents in commemoration of the first-ever World Malaria Day on ...