Oil Prices Continue to Trade Lower

NIGERIA Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, stated that NNPC executed a contract with a private firm for the activation of a virtual gas pipeline network for power generation to optimize the nation’s vast gas resources. The project, which will be facilitated through the installation of mini-liquid natural […]

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Is Nigeria Still Africa’s Oil and Gas Powerhouse?

While known as Africa’s oil and gas powerhouse — consistently a top oil and gas exporter, a longtime member of the Organization of the Petroleum Exporting Countries and a hub of oil and gas innovations and enterprise — Nigeria’s oil and gas-dependent economy took a tumble after the abrupt drop in oil and gas prices. […]

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