Nigeria state oil firm moves to revamp refineries, inaugurates 8 committees ahead 2019 target
Businessam Staff
September 13, 2017
In line with the Presidential mandate of rehabilitating the nation’s three refineries, the Nigerian National Petroleum Corporation
Nigeria targets a $15 per barrel oil production, to stop gas flaring by 2020
Businessam StaffSeptember 1, 2017
Nigeria, Africa’s largest oil producer, says it plans to reduce business cost by setting a target of $15 per barrel oil production,
Oil falls, gasoline jumps as Storm Harvey knocks out U.S. refiners
Businessam StaffAugust 28, 2017
U.S. crude oil futures fell more than 3 percent Monday but gasoline prices surged to two-year highs as Tropical Storm Harvey kept
French union says deal reached to end petrol shortage
Businessam StaffJune 1, 2017
France’s CGT trade union said a strike by transporters of hazardous materials that has caused fuel shortages could be wound down
BP starts oil project that will help double its U.K. output
Businessam StaffMay 22, 2017
BP Plc started a project in the U.K. North Sea that will restore production halted since 2013 and help double the company’s output in
Argentine energy minister sees $50/b oil supporting shale growth
Businessam StaffMay 20, 2017
Crude oil prices around $50/b are providing Argentina with a strong opportunity to push expansion of its nascent shale industry, which