Oil Prices Rise on US Oil Inventories US crude oil inventories declined by 11.1 million barrels last week, according to the American Petroleum Institute (API). Experts...
Eni Discovers Huge Hydrocarbon in Wowo Field An Italian energy company, Eni, on Tuesday announced its affiliate, Nigerian Agip Oil Company (NAOC), has discovered a large...
Oil Prices Rise on Trade Comments Crude oil prices rose on Monday after the US President said the US and Chinese representatives are discussing how to...
Nigeria’s Oil Production Rises by 8% to 1.95 Million bpd The Organisation of Petroleum Exporting Countries on Friday said Nigeria’s total crude oil production grew by...
China National Oil Corporation Invest $16b in Nigeria China National Offshore Oil Corporation (CNOOC) has invested a total sum of $16 billion in Nigeria’s oil and...
Oil Prices Fall on Weak Global Economic Data Global oil prices declined on Wednesday after Chinese economic data showed unexpected weakness in the month of July....
HOSCON Chairman Calls for Payment of Derivation Fund as Modular Refineries Arrive Niger Delta Chairman of the Host Community of Nigeria Producing Oil and Gas, HOSCON, Dr...
Crude Oil Gains as Saudi Lowers Export for September Oil prices surged the most in a month after Saudi Arabia said it would lower crude production...
Oil Price Falls Below Nigeria’s Benchmark Oil price extended its decline on Tuesday following a seven percent decline last week. The Brent crude, against which Nigerian...
Oil Prices Fall on Thursday Despite Low US Crude Inventories Global oil prices fell on Thursday after the market digested Federal Reserve position on rates. The...