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Moody's Changes Nigeria's Economic Outlook to Stable, Affirms B2 Ratings

Moody's Investors Service ("Moody's") has today changed the outlook on the Government of Nigeria to stable from negative and affirmed its long-term issuer and senior unsecured ratings at B2. Moody's also affirmed the Government of Nigeria's (P)B2 senior unsecured medium-term note program rating. The change of outlook to stable reflects Moody's expectation that higher oil…
Petroleum Industry Act Moody Investors Service International Financial Institutions Ifis Petroleum Industry Investors Service Slow Economic Recovery Likely

Alberta incentives hook C$2.5B Northern Petrochemical Corp plant - December 05, 2021

Calgary-based Northern Petrochemical Corp., NPC, has rolled out plans to buy a 295-acre site near Grande Prairie in northwestern Alberta to build a C$2.5 billion carbon-neutral facility. The plant is expected to create about 4,000 construction jobs starting in spring 2023 and 400 permanent jobs once...
Petroleum News B Northern Petrochemical Corp Northern Petrochemical Corp Grande Prairie Natural Gas Climate Change

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DOI proposes federal onshore & offshore leasing program reforms - December 05, 2021

On Nov. 11 the U.S. Department of the Interior released a report on the status of oil and gas leasing procedures on federal onshore and offshore lands, with proposals for reforms to the leasing programs. The report envisages continued oil and gas leasing, but with a more focused approach on where to...
Alan Bailey Us Department Of The Petroleum News Alaska Oil And Gas Conservation Commission Land Management Lease Sale

Milne Pt Products Pipeline to be backup - December 05, 2021

Milne Point Pipeline LLC has applied to the Regulatory Commission of Alaska to abandon natural gas and natural gas liquids service on the Milne Point Products Pipeline, MPPP, under certificate of public convenience and necessity No. 638. RCA is also being asked to approve including MPPP as part of M...
United States Milne Point Kristen Nelson Regulatory Commission Of Alaska Petroleum News Milne Point Pipeline

Omicron roars in! - December 05, 2021 - Petroleum News

Alaska North Slope crude fell 90 cents Dec. 1 to close at $70.02 per barrel, while West Texas Intermediate lost 61 cents to close at $65.57, and Brent dropped $1.70 to close at $68.87. The losses on the day were negligible compared to those on the previous three trading days following Thanksgiving o...
United States Steve Sutherlin Petroleum News North Slope West Texas Intermediate Oil Price

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