Saudi’s Biggest Oil Plant on Fire, Attacked by 10 Drones Abqaiq plant, Saudi Arabia’s largest crude oil processing plant, was attacked by ten drones in the...
Oil Falls as OPEC Lowers 2020 Demand Global oil prices continue to decline amid waning demand following the Organization of the Petroleum Exporting Countries reassessment of...
Nigeria to Cut Crude Oil Production After months of producing above its cap limit, Nigeria has agreed to finally cap crude oil production in accordance with...
Nigeria Continues to Pump More Oil, Pumps 2.2mbpd in August Nigeria’s crude oil production rose to 2.2 million barrels per day (mbpd) in the month of...
Oil Prices Rise Amid Projected Cuts Global oil prices rose on Monday as investors predicted that Saudi Arabia, the world’s largest oil exporter, will lower output...
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...