These are features of Oil and gas, industrial and other relevant news
Forte oil crash price of kerosene, Retail outlets flooded with products Forte Oil, a major downstream player in the oil and gas industry, has taken a bold step toward making available kerosene to end users. The latest effort is coming following outcry by consumers of the product who accused marketers of exploitation reports the leadership…
NNPC Secures a $1.2B Drilling financing package for the running of 36 oil wells. Nigeria’s state oil company NNPC has secured a $1.2 billion multi-year drilling financing package to contribute to the running of 36 oil wells to be operated as part of a joint venture deal, it said on Sunday as reported by Reuters….
Press Release September 16, 2015 09:00 AM Eastern Daylight Time : ExxonMobil Starts Oil Production at Erha North Phase 2 Project Ahead of Schedule, Well Under Budget Project starts up five months early and $400 million under budget Daily oil production to increase by 65,000 barrels per day Subsea development ties into existing infrastructure for…
The Nigeria National Petroleum corporation (NNPC) Says the NNPC is Set to revisit terms of Production sharing contracts of offshore oil and gas companies reports from the groups website indicates. Ohi Alegbe the groups GM, group public affairs writes that NNPC is set to revisit the fiscal terms of the existing Production Sharing Contracts, PSC entered into…