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Exports of US petroleum outweigh imports

The US exported 89,000 bpd more petroleum (crude oil and petroleum products) than it imported in September 2019, the first month since the beginning of monthly records in 1973. The US imported 10 million bpd more petroleum a decade ago than it exported. Long-term shifts in U.S. trading trends for both crude oil and petroleum products have resulted…

Strengthening domestic gas use will support economic growth – DPR

Nigeria is blessed with large reserves of hydrocarbon wealth, most of which are still untapped. At the last count, according to the Department of Petroleum Resources (DPR), Nigeria's proven natural gas reserves are at 200.79 trillion standard cubic feet (Tscf) as last January, while the reserves expected to be discovered are at 600Tscf.

Seplat wins PETAN award, others

SEPLAT Petroleum Development Company Plc, listed both on the Nigerian Stock Exchange, NSE, and London Stock Exchange,  LSE, has recently won the Petroleum Technology Association of Nigeria’s (PETAN) 2019 Local Content Operator Award, the Frontier Energy Independent Player in Africa (Leopard) Award and the Capital Market Correspondents Association…
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