Crude oil prices declined in the early hours of Wednesday after data showed U.S. crude oil inventories rose more than expected.
Shell has confirmed that oil export has resumed at the Forcados Terminal. This is coming ahead of the end-of-October schedule
The Shell Petroleum Development Company (SPDC) has announced the resumption of crude oil exports at the 400,000 BPD Forcados Oil Terminal.
Crude oil prices extended gains on Thursday following the report that China, the world's largest importer of crude oil is considering a cut in its quarantine...
Nigeria Liquefied and Natural Gas (NLNG) declared a force majeure to its partners due to widespread flooding that has disrupted supply.
The Federal Government has partnered with the Petroleum Training Institute (PTI) to install anti-theft monitoring systems on oil pipelines to curb oil theft.
Nigeria, the giant of Africa is no longer giant, as crude oil production drops below Angola, Libya and Algeria in the month of September 2022, according...
Nigeria’s decline in crude production has resulted in delayed payments to some local gasoline suppliers by the Nigerian National Petroleum Corporation (NNPC).
Nigeria is expected to add 500,000 barrels per day to its crude oil output once Shell Plc-operated Forcados oil terminal and the Trans Niger Pipeline resume...
Stock markets are recovering slightly on Wednesday after another volatile start to the week.
