Latest Nigeria Oil & Gas News
- Oil rebounds from seven-week low 24 Jul 2008 19:29 GMT
... NEW YORK (Reuters) - Oil prices rebounded from a seven-week low on Thursday ... group to sabotage oil facilities in exporter Nigeria. The main militant group in Nigeria's oil-producing ... on Wednesday it would attack major oil pipelines in the next 30 days to prove ...
- Oil edges higher but fails to rally as demand concerns remain; natural gas drops sharply 24 Jul 2008 18:56 GMT
... crude Thursday, and continued to drive natural gas prices sharply lower as a three-week sell-off ... gallon, according to auto club AAA, the Oil Price Information Service and Wright Express. Retail diesel ... remained on guard over a threat by Nigeria's main militant group Wednesday to destroy major ...
- Oil struggles to rally as natural gas tumbles 24 Jul 2008 18:53 GMT
... crude Thursday, and continued to drive natural gas prices sharply lower as a three-week sell-off ... gallon, according to auto club AAA, the Oil Price Information Service and Wright Express. Retail diesel ... remained on guard over a threat by Nigeria's main militant group Wednesday to destroy major ...
- Oil Slides to 7-Week Low But Recovers to Pass $125 24 Jul 2008 18:36 GMT
... Oil Slides to 7-Week Low But Recovers to Pass ... Jul 2008 | 02:16 PM ET OIL, OIL PRICES, ENERGY, CRUDE, INVENTORIES, GASOLINE, ENERGY PRICES, EIA, ... Thursday but recovered as tensions mounted in Nigeria, leading to some fear over supply disruptions. ...
- Fall in oil demand 24 Jul 2008 18:33 GMT
... Oil prices hit a new six-week low yesterday, sinking ... fears of production constraints in Brazil and Nigeria, and as geopolitical concerns surrounding Iran were ...
- Midday Market Update: Dow Suffers Triple-Digit Loss on Housing Data 24 Jul 2008 18:13 GMT
... Furthermore, weakness in the price of crude oil has failed to buoy the market this afternoon. The ... intraday low of $123.50. New tensions in Nigeria helped to support the commodity, while the ... 0.3% to $3.59 a gallon. August natural gas futures fell more than 8% to an ...
- Dow Suffers Triple-Digit Loss on Housing Data 24 Jul 2008 17:59 GMT
... Furthermore, weakness in the price of crude oil has failed to buoy the market this afternoon. The ... intraday low of $123.50. New tensions in Nigeria helped to support the commodity, while the ... 0.3% to $3.59 a gallon. August natural gas futures fell more than 8% to an ...
- Oil sinks to seven-week low 24 Jul 2008 17:39 GMT
... / July 24. 2008 5:18PM GMT An oil tanker is anchored in the Gulf off the ... Qeshm near the Strait of Hormuz. Oil prices sank to a seven-week low yesterday, before ... a barrel, brushing off threats from a Nigerian militant group to sabotage oil facilities in ...
- Study: Saudi oil exports may start falling in 2014 24 Jul 2008 17:39 GMT
... Saudi Arabia's oil exports may start to fall in 2014 ... Professor Paul Stevens. Saudi Arabia, Iran and Nigeria will stop exporting oil by 2040, the ... than a quarter of the Organization of Petroleum Exporting Countries' total, will level off as ...
- 'NNPC Probe Will Expose Obasanjo' 24 Jul 2008 17:38 GMT
... 2008 (Leadership/All Africa Global Media via COMTEX News Network) -- Current probe of the Nigerian National Petroleum Company embarked by the House of Representatives will at least expose the immediate past ...
- Post-Peak Politics 24 Jul 2008 17:38 GMT
... recent downward lurch in the price of oil, among its other effects, has provided a ... oil: speculators, oil companies, environmentalists, Arab sheiks, Nigerian rebels, and the US government, which – ... if we’ve reached the physical limits of petroleum production, that’s a fact we have to ...
- FEC Approves N1 Billion for Development of Sports Facilities in UNN 24 Jul 2008 17:36 GMT
... of sports facilities in the University of Nigeria, Nsukka (UNN). This is to boost the ... using the Lagos bays for discharging their petroleum products. Ban has also been placed on ...
- Oil slides to 7-week low on demand worries 24 Jul 2008 17:12 GMT
... LONDON (Reuters) - Oil prices slipped to a new seven-week low on ... group to sabotage oil facilities in exporter Nigeria, but analysts said the market was reacting ...
- Oil regains fraction of losses after seven-week low 24 Jul 2008 17:11 GMT
... LONDON - Oil prices nudged a little firmer today after ... group to sabotage oil facilities in exporter Nigeria, but analysts said the market was reacting ... Mousa Marafie, a member of the Supreme Petroleum Council in OPEC nation Kuwait told the ...
- Oil steadies after slide to seven-week low 24 Jul 2008 17:00 GMT
... LONDON -- Oil prices steadied on Thursday after sliding to ... group to sabotage oil facilities in exporter Nigeria, but analysts said the market was reacting ... Mousa Marafie, a member of the Supreme Petroleum Council in OPEC nation Kuwait told the ...
- Mart Resources Announces Commencement of Initial Production From UMU-3 Well and Increasing Production at Umusadege Field 24 Jul 2008 16:48 GMT
... 2008 (Marketwire via COMTEX) -- Mart Resources, Inc. (TSX VENTURE:MMT) and its partners Midwestern Oil and Gas Company PLC (Operator) and Suntrust Oil Company Nigeria Limited are pleased to announce the commencement of initial oil production from the UMU-3 ...
- Nigeria: NSCDC Commandant Threatens Officials 24 Jul 2008 16:48 GMT
... The Nigerian Security and Civil Defense Corps (NSCDC) is ... and also to investigate, arrest and prosecute petroleum pipeline and PHCN vandals. He further explained that ...
- Oil price revives after steep drops, but analysts foresee further slippage 24 Jul 2008 16:47 GMT
... Oil price revives after steep drops, but analysts foresee ... analysts foresee further slippage NEW YORK - Oil prices rose modestly Thursday after shedding nearly $4 ... support level at $110." A threat by Nigeria's main militant group Wednesday to destroy major ...
- Nigerian oil union threatens fresh strike over diesel cost 24 Jul 2008 16:46 GMT
... Nigerian oil union threatens fresh strike over diesel cost ... the auspices of the National Union of Petroleum and Natural Gas Workers ended their three-day ...
- --> GA Capital Corp. Update to Proposed Qualifying Transaction With Kimpar Resources Inc. 24 Jul 2008 16:39 GMT
... the Canadian Institute of Mining, Metalurgie and Petroleum ("CIM") (former President of the Geological Society), ... company, he worked as an administrator in Nigeria, Algeria, Guatemala and Senegal. Mr. Lamarre is ... listed on TSX Venture), Pebercan Inc. (an oil and gas company listed on the TSX) ...
- GA Capital Corp. Update to Proposed Qualifying Transaction With Kimpar Resources Inc. 24 Jul 2008 16:39 GMT
... the Canadian Institute of Mining, Metalurgie and Petroleum ("CIM") (former President of the Geological Society), ... company, he worked as an administrator in Nigeria, Algeria, Guatemala and Senegal. Mr. Lamarre is ... listed on TSX Venture), Pebercan Inc. (an oil and gas company listed on the TSX) ...
- Oil price revives after steep drops, but analysts foresee further slippage (Oil-Prices) 24 Jul 2008 16:39 GMT
... Oil price revives after steep drops, but analysts foresee ... foresee further slippage (Oil-Prices) NEW YORK _ Oil prices rose modestly Thursday after shedding nearly $4 ... support level at $110." A threat by Nigeria´s main militant group Wednesday to destroy major ...
- Oil bounces back after heavy loss 24 Jul 2008 16:36 GMT
... 2008 at 9:42 AM EDT LONDON — Oil prices rose Thursday after shedding nearly $4 (U.S.) ... Hurricane Dolly might affect oil and natural gas output in the Gulf of Mexico dwindled ... support level at $110.” A threat by Nigeria's main militant group Wednesday to destroy major ...
- Oil Steadies Below $125 After Slide to 7-Week Low 24 Jul 2008 16:17 GMT
... Oil Steadies Below $125 After Slide to 7-Week ... group to sabotage oil facilities in exporter Nigeria, but analysts said the market was reacting ... Mousa Marafie, a member of the Supreme Petroleum Council in OPEC nation Kuwait told the ...
- Oil slides to new 7-week low 24 Jul 2008 16:13 GMT
... LONDON (Reuters) - Oil prices slipped to a new seven-week low on ... group to sabotage oil facilities in exporter Nigeria, but analysts said the market was reacting ...
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