NNPC harps on need to increase Nigeria’s gas reserves

16 November 2016, Abuja – The Nigerian National Petroleum Corporation, NNPC, has harped on the need to improve on Nigeria’s proven gas reserves of 192 trillion cubic feet, TCF.

BUSINESS, FXPERT Oil up after U.S. crude stocks drop, still close to 11-year lows

Pumpjacks are seen in Lagunillas, Ciudad Ojeda, in Lake Maracaibo in the state of Zulia, Venezuela December 22, 2015. REUTERS/ISAAC URRUTIA  Oil prices edged up on Wednesday after an unexpected … Continue Reading →

Oil: Govt opts for private investors for 2016 JV funding

07 December 2015, Sweetcrude, Abuja –With Nigeria finding it increasingly difficult to meet its obligations towards financing oil and gas industry operations due to drop in global crude oil prices, … Continue Reading →