Tag: crude oil

Norway makes billions selling fish

In case you are one of those that thinks Norway just depends on crude oil, read the quote below from the Norwegian Seafood Council: “Norway is one of the world’s leading exporters of seafood. In 2017, Norway exported 2.5 million metric tonnes of seafood to over 146 countries around the world. All this seafood made…… Continue reading Norway makes billions selling fish

Goldrush may start for black gold in Nigeria’s Joint Development Zone with Sao Tome and Principe 

Unknown to many international oil companies, there are 500 million barrels of oil in Nigeria’s long-abandoned Joint Development Zone with Sao Tome and Principe. If you run a small oil company looking for a cheap place to grow your operations and become an international oil company, why not start there? The place was abandoned earlier…… Continue reading Goldrush may start for black gold in Nigeria’s Joint Development Zone with Sao Tome and Principe 

Army Shouldn’t Have Destroyed 74 Illegal Refineries

The  Nigerian Army has announced that it recently destroyed 74 ‘illegal’ petrol refinarias in the Niger Delta, and I think that is just wrong!  At a time when petroleum marketers are planning to increase the price of petrol, the best thing would have been to legalize what these folks are doing,  as they can help…… Continue reading Army Shouldn’t Have Destroyed 74 Illegal Refineries

Lagos State And Yinka Folawiyo Petroleum Should Partner To End Fuel Scarcity In Lagos

Lagos State can now be addressed as an oil producing state, following the beginning of oil exploitation activities by Yinka Folawiyo Petroleum Company Limited (YFP). Sadly, this development is coming at a time when the price of crude oil is no longer what it used to be. All the same, congratulations to Lagos State. What…… Continue reading Lagos State And Yinka Folawiyo Petroleum Should Partner To End Fuel Scarcity In Lagos