Total oil and gas industry M&A deals in February 2020 worth US$5.6bn were announced globally, according to GlobalData’s deals database
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To demonstrate the level of support the Nigerian content development has garnered from the federal government, Sylva Timipre, minister of state for petroleum emphasised the importance government attaches to ensuring that there is in-country capacity development in all segments of the oil and gas industry
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While oil prices rebounded last week on hopes of successful negotiations between Saudi Arabia and Russia, they went back down again following the negotiations’ delay
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The Nigerian government has further slashed the price of Premium Motor Spirit (PMS) to US$0.32 per litre
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Following the coronavirus (COVID-19) outbreak, China, the world’s biggest importer of crude oil, has been forced to cut down on consumption
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