WORLDCLASS OIL TRADERS COMPETE FOR PETROBRAS AFRICA

WORLDCLASS OIL TRADERS COMPETE FOR PETROBRAS AFRICA

Shell, Vitol and Glencore battle to buy Petrobras Africa.

Three of the world’s largest oil traders are competing to buy assets of the African arm of Brazil’s petroleum corporation Petroleo Brasileiro SA (Petrobras).

The three companies competing to buy the Petrobras Nigerian assets include; Shell, Vitol and Glencore. Petrobas Oil …

Read More

NEW REFINERY TO BE BUILT BETWEEN NIGERIA AND REPUBLIC OF NIGER

NEW REFINERY TO BE BUILT BETWEEN NIGERIA AND REPUBLIC OF NIGER

Ongoing agreement for the new refinery between Republic of Niger and Katsina state, Nigeria.

Plans for a new refinery in Nigeria and the neighboring Niger Republic has been set in place. The agreement for the design and construction of the refinery has been discussed by Ibe Kachikwu, Nigeria’s minister of …

Read More

Lagos Chamber of Commerce and Industry request Petroleum Industry restrictions in Nigeria.

Lagos Chamber of Commerce and Industry request Petroleum Industry restrictions in Nigeria.

 

Ruwase warns about policy framework for the petroleum downstream segment of the oil and gas industry.

The President, Lagos Chamber of commerce and Industry Mr Babatunde Ruwase expressed the need to look into the policy framework for the petroleum downstream segment of the oil and gas industry.

In a …

Read More