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By Ibe Kachikwu Nigeria’s Minister of State for Petroleum Resources I wasn’t sure I could make this event, I had three different events for the day, one in Russia, another in Equatorial Guinea and one here. Eventually I had to call my colleague in Russia to say it’s so important …
Continue reading "If the NNPC Had Implemented the Refinery Revamp The Way I Planned"
by  Bloomberg Javier Blas Monday, September 24, 2018 "Refiners will have to buy whatever crude they can get their hands on," said Amrita Sen, chief oil analyst at consultant Energy Aspects Ltd. (Bloomberg) -- When the Navarin, an oil supertanker carrying 2 million barrels of Middle East crude, docks at the Malaysian port of …
Continue reading "Asia’s Oil Market Torrid Amid Iran Sanctions and Mega-Refineries"
Following over 50 years of Exploration, Nigeria finally discovered Oil at Oloibiri in Bayelsa State in 1956, by the Shell Group. Since then, The Nigerian oil and gas industry has been vibrant, but largely dominated by multinational corporations until the early 1990s when Nigerian companies began to make a foray into the industry. Local participation was …
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