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Oil & Gas - Page 114

Oil Price Drops To $73 On Omicron Concerns

Emerging reports have claimed that the price of crude oil dropped amid surging cases of Omicron coronavirus variant. The reports read that that Brent Crude futures plunged by 1.61 percent to $73.41 per barrel at 4:09 pm, while U.S. West Texas Intermediate
December 17, 2021
NNPC refinery

NNPC To Stop Rising Cooking Gas Price, Increase Supply

The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, disclosed that the NNPC was making efforts to increase the supply of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to force down its price. Kyari, who
December 14, 2021
Nembe Oil spill from Well head OML 29

Special Report On Nembe Oil Spill Indicts AITEO, Shell, Others

A special environmental report about the Nembe oil spill incident in Bayelsa State has revealed that operational failure on the part of Aiteo Exploration and Production Company Limited, and Shell Petroleum Development Company was responsible for both the current hydrocarbon disaster and
December 9, 2021
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