Questions over China's Economy Overshadow OPEC+ Cuts and Declining US Rigs, Impacting Oil Markets
South Sudan's Bentiu Refinery could export refined petroleum products to the East African region by August of this year
Oil prices declined on Friday as uncertainty surrounding global growth overshadowed expectations of a tighter market in the second half of the year. Some of the...
Shell Petroleum Development Company (SPDC) has reportedly made the decision to increase its oil and gas production in Nigeria in the coming months.
The Trans-Niger Pipeline (TNP) has achieved an extraordinary feat by reporting flawless crude oil production throughout the entire month of May.
The Federal Government has granted a license for the establishment of the Belema Sweet Export Terminal, marking a significant achievement for the nation.
Nigeria, Africa's largest crude oil producer, generated N5.14 trillion in revenue from crude oil in the first quarter (Q1) of 2023.
Russian crude supply and disappointing chinese economic data further weigh on the market
Global oil prices extended their decline on Friday as concerns over China slowing demand for the commodity and the United States-Iran nuclear deal continue to weigh...
The oil market faces a potential massive shortfall as Saudi Arabia's surprise decision to deepen output cuts overrides concerns over Chinese export data and growing US...
