Crude Oil production cut exemption for Nigeria and Libya remains says Opec The Secretary General of OPEC, Mohammed Barkindo, believes it is too early to discuss ending the exemption from the oil production cut deal that Libya and Nigeria have been benefiting from, boosting their crude oil output in the last few months. Speaking at…
Will Declining crude Oil price Affect Ghana? The answer largely is a no, they assert that there may not be any  significant impact on Ghana’s economy following the declining global oil prices writes the City business news quoting economists assessments. The decision by Oil Producing and Export Countries (OPEC) including Russia to cut down production…
Updates on Opuama Oilfield Production Eland Oil & Gas PLC (AIM: ELA), an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce that Elcrest Exploration and Production Nigeria Ltd, Eland’s joint venture company, has now completed its export of crude through shipping and…
Introducing Shell lubricant’s total cost of ownership concept Shell Lubricants today introduced the concept of total cost of ownership(TCO) concept also known as “Empower” to provide end-to-end solutions for customers especially B2B customer, to help them meet certain business challenges. According to company release, it also unveiled the new global brand positioning, “Together Anything Is…