Oando Explains Role in renovation of Port Harcourt Refinery

Oando Explains Role in renovation of Port Harcourt Refinery

Oando Plc has explained its role in the planned renovation of the Port Harcourt Refinery, following the Memorandum of Understanding (MOU) reached by the federal government and Nigerian Agip Oil Company (NAOC/ENI), it will partner the Italian firm in the...
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Oil Prices Rise As OPEC Discusses Deeper Output Cuts

Oil Prices Rise As OPEC Discusses Deeper Output Cuts

OPEC is discussing a potential deepening of crude oil output cuts in a bid to accelerate market rebalancing, sources from the cartel told Reuters. The news came as the group’s Economic Commission Board met to discuss possible scenarios for next week’s...
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Exxon Labor Negotiations Fall Apart, Threaten Nigerian Oil Production

Exxon Labor Negotiations Fall Apart, Threaten Nigerian Oil Production

Talks between Exxon officials in Nigeria and the fossil fuel sector’s labor union have failed to produce a mutually agreeable solution, according to a labor official who spoke to Bloomberg on Friday. “The meeting broke down, and as of this...
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