NNPC warns against panic buying of petroleum products

baru gmdDr Maikanti Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), has appealed to motorists and other consumers of petroleum products across the country not to engage in panic buying of products over the Nigeria Labour Congress (NLC) planned industrial action

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‘Higher oil prices, trade tensions fuel pricing for ERM sector’

ERM 27 1Companies in the energy, resources and marine sectors (ERM) are rebounding as oil and commodity prices continue to rise and global GDP growth is projected to increase 3.4 per cent in 2019, according to the 2019 Energy, Resources & Marine Travel Forecast

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Impact of electric vehicles in oil and gas industry

evs 26As charging technology for electric vehicles (EVs) gradually takes reins from the internal combustion engine as the king of the road in the rapidly evolving energy landscape, oil and gas companies are acknowledging the rise of EVs, observes leading data and analytics company GlobalData

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‘Nigeria to contribute 26 per cent of Africa’s oil and gas pipeline additions to 2022’

nigeria pipe 25Nigeria is forecast to add the highest trunk pipeline length in the African oil and gas pipelines industry between 2018 and 2022, contributing a total length of 8,439 km by 2022, which will account for more than 26 per cent of the region’s planned and announced oil and gas pipeline length additions, according to leading data and analytics company GlobalData

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Eco now holds 100 per cent stake of Pan Africa Oil Namibia

eco 21 1Eco (Atlantic) Oil & Gas Ltd, the independent oil and gas exploration company with licences in Guyana and Namibia, through its wholly-owned subsidiary Pan Africa Oil Namibia Holdings (Pty) Ltd (PAON Holdings), has acquired the remaining 10 per cent stake of Pan Africa Oil Namibia Ltd (PAO Namibia) from Amis Oil and Gas Ltd

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