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...
San Francisco Federal Reserve Bank President Mary Daly has released statements that the Fed should aim to get interest rates up to 2.5% as quickly as...
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...
Russia’s state-owned gas supplier, PJSC Gazprom has said it would halt gas supply to Denmark’s Orsted and Shell for its contract to supply gas to Germany...
The global energy crisis will continue to deepen and should act as an alarm call now about the decent long-term future rewards in sustainable investments, says...
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...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Asian markets have begun the day in an altogether positive mode after Wall Street outperformed overnight....
Energy Capital & Power (ECP) says enhancing investment and development of the African energy sector will help drive the development of the continent. ECP said this...
The African Refiners and Distributors Association (ARDA) has revealed that the refining sector only accounts for 3% of the global energy sector emission. Oil and Refining...