Opec + meeting to focus on slide in prices and demand
Oil fell to near $37 a barrel in New York while a slew of downbeat predictions from OPEC to BP…
Nigeria needs to achieve $10 per barrels oil production cost
For Nigeria to create the level of viability needed to attract the right quality of investment in the oil and…
Oil Marketing Companies Spent N1.5 Billion on Transportation in Six Months.
The total expenses made on transportation and freight costs of oil products by three major oil marketing companies in the…
Sahara Energy in $43m deal to boost LPG supply in Ivory Coast
Sahara Energy Logistics Holding Limited (a Sahara Group company) and Société Nationale d’Opérations Pétrolières de la Cote d’Ivoire (The National…
East Africa’s Major Oil Pipeline Comes Onstream in 2021
One of East Africa’s biggest petroleum infrastructure projects comes onstream next year as the government of Uganda, and the French…
NNPC casual staff petition National Assembly
The Nigeria National Petroleum Corporation casual/support staff in the Refining & Petrochemical Company, Warri, Delta State have petitioned the National…
Rivers community accuses Shell of delaying OML 25 reopening
Chiefs and other stakeholders in Kula community, Akuku-Toru Local Government Area of Rivers State have accused Shell Petroleum Development Company…
Malabu: FG makes claim of $1.92bn from Shell, Eni
The Federal Government asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.09bn as…
Crude Oil Prices Drop as China Slows Imports
Crude oil prices fell by more than 1% on Monday after touching their lowest points since July as Saudi Arabia…
OPEC August oil output increases for second month as cut eased
OPEC oil output has risen by about 1 million barrels per day (bpd) in August, a Reuters survey found, as…