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Oil & Gas
ConocoPhillips quarterly profit higher on asset sales
ConocoPhillips, the largest U.S. oil company without refining operations said its fourth-quarter profit rose with help from the sale of its Algerian business and lower taxes.
Profit in the…
Ghanaian parliament sanctions South Deepwater Tano deal
Ghana’s parliament has rati¬fied a petroleum agreement between the country’s gov¬ernment and a consortium of exploration companies to explore and operate the South Deepwater Tano Block,…
India’s import of Nigeria crude oil to reach 116.8 m barrels in 2014
India’s import of Nigeria crude oil is projected to grow by 26 percent to reach 116.8 million barrels in 2014 all things being equal as shown by BusinessDay Research and Intelligent Unit…
Fuel crisis looms as PPPRA delays Q1 allocation to marketers
After some level of relative stability in the supply of premium motor spirit (petrol), the country is set to face a major supply crisis as the Apapa depots which supply over 33 percent of…
PPMC restores normal operations at damaged pipeline
The Pipeline Products and Marketing Company (PPMC) on Wednesday said that normalcy had returned to its System 2B Pipeline damaged by vandals at Akute-Itashi in Ogun.
The Manager, Media…