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Farooq

Posts Tagged "oil investments"

HomePosts Tagged "oil investments"

Ejiofor Alike Capital expenditure (Capex) in the oil and gas industry in sub-Saharan Africa has been cut by $100 billion over the next five years, according to Wood Mackenzie’s latest report on upstream activity in the region. The new report revealed that deepwater has suffered the deepest Capex cuts due to its high breakeven price […]

  • gas opportunities

The hunt instituted by the Federal Government for $700 million investments to upgrade the 445,000 barrels per day capacity refineries in Nigeria has hit the rocks, according to report. Sources confirmed that global investors who had repeatedly turned down advances by government to get them involved in the finance of the refineries’ upgrade have now […]