Daily Archives: May 1, 2018

Niger Delta crisis still a major challenge in oil production – Avuru

  Austin  Avuru is the Chief Executive Officer, Seplat Petroleum Development Company Plc. He spoke to journalists on the company’s corporate governance policy, vision and recent elevation by the Nigerian bourse. STANLEY OPARA was there   With oil prices looking up thus far this year and volumes stabilised, what should investors expect from Seplat by […]

NNPC, NCDMB collaboration to shorten contracting cycle – Kachikwu

  The Nigerian National Petroleum Corporation and the Nigerian Content Development and Monitoring Board will start using a one-stop shop arrangement before the end of this year for reviewing and approving oil and gas projects and contracts in a bid to shorten the industry’s contracting cycle, The Punch reports.   A statement on Friday by […]

Nigeria’s president: ‘I can’t tell the US what to do’ on crude oil

The Nigerian president said Monday that he can’t force the U.S. to buy its crude oil after the boom in U.S. shale oil production has drastically reduced the need for it.   “I can’t tell the U.S. what to do,” Nigerian President Muhammadu Buhari said at a joint press conference with President Trump at the […]