Daily Archives: March 13, 2018

APC presidential aspirant pledges to restore US import of Nigeria crude

  All Progressives Congress, APC presidential aspirant, Dr. SKC Ogbonnia has said that he would cause the United States to resume importation of Nigerian crude oil if he wins the presidential office.   Ogbonnia, himself a petroleum entrepreneur in a statement made available to Vanguard cited corruption for the United States decision to shut out […]

Oil market lull affecting indigenous operators – PETAN

  There are indications that the continued low oil price and uncertain regulatory environment have further destabilized operations in Nigeria’s oil and gas industry, Vanguard reports.   Investigations showed that the situation was fuelled by many problems, especially a significant drop in projects, contracts and bank lending. Mazi Bank-Anthony Okoroafor, chairman of Petroleum Technology Association […]