Post Tagged with: "Oil And Gas"

Nigeria’s unfavourable environment and economic recession may keep $50 billion oil fund trapped in reserves

November 7, 2016 6:51 am
Nigeria’s unfavourable environment and economic recession may keep $50 billion oil fund trapped in reserves

Oil refinery Enablers needed to push ExxonMobil to monetise fund The Federal Government has been going cap-in-hand begging for loans around the world, without making much success because of the global financial crunch. Besides, Nigeria’s economic recession make such venture even less viable, even as the country needs to spend […]

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Japanese companies give fresh boost to Iran market bid

October 19, 2016 1:13 pm
Japanese companies give fresh boost to Iran market bid

Japanese companies have stepped up oil imports from Iran since the lifting of sanctions. More Japanese companies, which halted oil purchases from Iran under Western sanctions, are seeking to resume imports, a new report says.  Marubeni, Sumitomo, Itochu and Kanematsu are some of the Japanese firms which are looking to […]

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Map shakes up views on fracking

March 30, 2016 5:57 pm
Map shakes up views on fracking

The US Geological Survey map shows the potential for damage from natural or human-induced earthquakes this year. Earthquakes are a natural hazard – except when they’re man-made. The oil and gas industry has aggressively adopted the technique known as hydraulic fracturing, or fracking, to shatter subsurface shale rock and liberate […]

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