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Monthly Archives: June, 2016

NNPC: Kachikwu is brain behind Barkindo’s appointment

The Nigerian National Petroleum Corporation (NNPC) says diplomatic shuttles by Ibe Kachikwu, the minister of state for petroleum resources, helped in the appointment of...

Brent Crude Oil Goes Above $50

London  –   Brent crude prices held at about 50 dollars a barrel on Friday as sign that the oil market was moving back to...

Nigeria’s Mohammed Barkindo becomes OPEC secretary general as cartel looks forward to balanced oil market

A one-time group managing director of the Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, was on Thursday appointed the secretary-general of the Organisation of...

Shell Suspend Crude exports Indefinitely Due to Niger Delta Avengers’ Attacks

By Margaret Nongo-Okojokwu Shell Petroleum Development Company Limited yesterday confirmed an attack by the notorious militant group, Niger Delta Avengers , on their oil installations...

Equatorial Guinea Launches 2016 Oil and Gas Licensing Round

The bidding round, EG Ronda 2016, welcomes expressions of interest on 37 open licenses. The bidding period concludes November 30, 2016 MALABO, Equatorial Guinea, June...

Addax Selects Rack Centre for Carrier Neutral Data Centre Colocation and Redundancy

Addax Petroleum, a leading oil and gas exploration and production company with focus on Africa, the Middle East and the North Sea, has successfully...

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