The ongoing unrest in Kazakhstan and the supply outage in Libya have bolstered global oil prices on Thursday. The deadly violence, across the tightly controlled former...
The Royal Dutch Shell Company has revealed that five Nigerian oil and gas firms are preparing to submit bids for the company’s onshore oilfields. The sale...
Tight global crude oil supply and hopes of a further demand recovery in the new year bolstered global oil price above $78 a barrel on Monday...
Oil prices extended gains on Tuesday with prices trading near the previous day’s one-month high on hopes that the Omicron coronavirus variant will have a limited...
The oil sector is Nigeria’s main source of revenue, and while there are calls for diversification in the country’s exports, the oil sector continues to bring...
Climate Change is a global battle that has been fought for years now, amidst fears that lack of care for the environment could negatively impact human...
Surging Omicron cases dragged on global oil prices amid concerns over the negative effect of new restrictions on oil demand. Brent crude, oil against which Nigerian...
Nigeria was unable to obtain any revenue from oil exports throughout the month of October, despite recording an average daily oil production of 1.4 million barrels...
Crude oil rose on the back of Saudi Arabia’s announcement that it has increased January oil prices to Asian and US customers. Brent crude oil, a...
The most recent monthly survey conducted by Reuters has revealed that the Organization of Petroleum Exporting Countries (OPEC) continued to increase its oil production in November...