In the intricate web of the Niger Delta’s challenging oil landscape, Shell Petroleum Development Company (SPDC) unveiled its 2022 Briefing Notes, revealing 75 recorded oil spill...
Global oil prices experienced an upward trend fueled by a combination of heightened geopolitical tensions and strategic decisions by major players. The recent attacks on commercial...
Oil prices saw a modest uptick of about 1% on Wednesday, driven by a confluence of factors ranging from geopolitical tensions in the Middle East to...
Oil prices showed signs of recovery on Thursday after a recent slump to a six-month low, with Brent crude oil appreciating by 1% to $75.06 a...
Global oil markets witnessed a continued decline on Wednesday as investors assessed the impact of extended OPEC+ cuts against a backdrop of diminishing demand prospects in...
U.S. crude oil production reached a new record in September, surging by 224,000 barrels per day to 13.24 million barrels per day. The U.S. Energy Information...
The Nigerian Upstream Petroleum and Regulatory Commission (NUPRC) has announced that the Federal Government is considering revoking inactive oil exploration leases granted to companies unable to...
In a strategic move to exceed the OPEC-imposed oil production quotas, Nigeria, led by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, is...
Oil prices find themselves caught in the crossfire of geopolitical tensions and the aftermath of the recent OPEC+ decision on Monday. Brent crude oil, against which...
Oil prices remained relatively unchanged on Thursday as investors awaited the outcome of an eagerly anticipated OPEC+ meeting, which could potentially result in deeper supply cuts...
