China

A Modern Diplomacy report has said that China has a whopping $15 billion worth of investments planned in Africa’s oil sector, of which two thirds of the investments are planned for Nigeria. China will also spend considerable fund in…

Chibisi Ohakah, Abuja Equatorial Guinea Ronda Licensing Round Roadshow 2019 slated for Beijing will be showcasing the 27 oil & gas blocks on offer under the country’s 2019 oil & gas licensing round. Reports say that Equatorial…

Chibisi Ohakah Nigeria became the largest of buyer of gasoline from China with 51,000 mt of gasoline imported from the Asian country in January 2019. While it is the first such export to any African country, latest data from General…

By Chibisi Ohakah An expert report has predicted that Nigeria and China would become major contributors to the global refining industry capacity growth from planned and announced projects between 2019 and 2023. In a report…

OPEC has become an indispensable ‘organ of stability’ in the oil market, Mohammad Sanusi Barkindo, OPEC Secretary General said at the Algeria Future Energy Summit in Algiers, Algeria. He noted that though some sceptics have imagined a…

Oge Obi. While available statistics in the country has shown that Nigerians are willing to switch over to alternative sources of energy, it has however been discovered that the initial high cost of setting up a chosen source such as the…

China will become the world’s second-biggest importer of liquefied natural gas (LNG) this year as it overtakes South Korea, shipping data in Thomson Reuters Eikon showed. This is a huge boost to Asia’s emerging spot market as Chinese…

China and Iran have signed a contract to jointly establish an oil terminal on Qeshm Island in the southern Persian Gulf, which will turn the island into an important hub for oil production and reserves, Iran’s official media reported.…

Chevron Corporation has announced that its fully-owned subsidiary, Unocal East China Sea, Ltd, has begun natural gas production from the first stage of the Chuandongbei Project in southwest China. *Gas pipeline. Also Read: NNPC, Chevron…