The CEO/GMD, Nigerian National Petroleum Corporation (NNPC) Ltd Mele Kyari, has stated that Spain receives 14 percent of all crude oil produced in Nigeria. He stated...
The Organisation of Petroleum Exporting Countries (OPEC) has increased the oil supply by petroleum exporting countries by 0.648 million per day in July, owing to the...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Oil markets are on the move this morning, with oil prices dipping by 2.0% in early trading...
Crude oil prices rose above $120 a barrel on Monday as traders await the decision of the European Union (EU) concerning Russian crude oil sanctions. The...
The Nigerian National Petroleum Company Limited (NNPC) and leading energy conglomerate, Sahara Group have taken delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels at...
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMPRA) has issued six regulations to govern its Midstream and Downstream operations. This comes on the heels of...
Global oil prices dipped slightly on Monday as economic reports revealed Chinese retail sales dropped 11% year-on-year in the month of April following the nation’s decision...
The Organisation of Petroleum Exporting Countries (OPEC) and allies, together known as OPEC plus, have raised Nigeria’s crude oil quota by 1% or 19,000 barrels per...
Crude oil prices rose in the early hours of Wednesday on reports European Union is working on new sanctions against Russia oil
Global oil prices rebounded slightly on Wednesday following Russia’s announcement that natural gas exports to Bulgaria and Poland will be halted today if the two nations...
