External link to Crude Oil Refining or Petroleum Product Importation: Which Is Economical for Nigeria

Crude Oil Refining or Petroleum Product Importation: Which Is Economical for Nigeria

CRUDE OIL REFINING OR PETROLEUM PRODUCTS IMPORTATION: WHICH IS ECONOMICAL FOR NIGERIA? ABSTRACT: One of the most crucial challenges facing Nigeria is being able to meet the energy need of the energy hungry populace; the exponential population growth makes it even more challenging. The approach adopted to meeting this need has impacted severely on the economy of the nation as reflected in the year-on-year economic […]

External link to Crude oil and its value to society

Crude oil and its value to society

Although crude oil may look like earths natural pollution, behind that thick black exterior lies one of the most important raw materials on earth. Crude oil is formed when dying plants and animals become immediately covered by sediments in seas and swamps. This prevents them from decaying and as further sediments build up the plant and animals become buried deeper and deeper. Now this takes […]

External link to The Prevalence of Production Sharing Contracts in Oil and Gas

The Prevalence of Production Sharing Contracts in Oil and Gas

Abstract Introduction Background The nature of the environment in which a business operates determines how it engages other players in the sector. This, therefore, determines the types of contracts that businesses get into. The oil and gas industry relies on contracts to carry out its activities just like other business entities do. The oil and gas industry mainly engages production sharing contracts, driven by the […]

External link to North Sea Oil and Gas

North Sea Oil and Gas

Every business or industry is prone to various risks which include floods, earthquake, terrorists which the industry should put mechanisms in place to avoid such. Effective contingency planning has been of importance to most industries that embrace the idea. North Sea oil and Gas has for a long time been prone to the problem of changing weather conditions which is especially experienced in the sea. […]

External link to Research Proposal On Impact Of Oil On Agriculture In Nigeria’s Economy

Research Proposal On Impact Of Oil On Agriculture In Nigeria’s Economy

INTRODUCTION Fluctuations of crude oil prices and the crisis of rising food insecurity have always been the main concerns of policymakers worldwide. Since the 1960s when oil was first discovered in Nigeria, oil has accounted for a large share of Nigeria’s export economy (Daramola, et.al, 2007). In 2000, for example, 99.6% of Nigeria’s export income came from oil, making it the world’s most oil dependent […]

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