Oil Prices Drop Further as Trump Criticised Saudi’s Plan to Cut Production Oil prices drop further on Tuesday after U.S President Donald Trump blasted Saudi Arabia...
OPEC Plans Another Production Cut Saudi Arabia on Sunday announced plans to reduce oil supply by 500,000 barrels per day in December, following the drop in...
Nigeria’s Oil Output To Hit 2.2mbpd In Early 2019 – Kachikwu The Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu, has said that the...
Oil Rises to $73 on Report of Russia, Saudi Output Cut Talks Oil rebounded to $73 a barrel on Wednesday after falling to its lowest since...
Gas Exporting Countries to Discuss Global Outlook The 20th Ministerial Meeting (MM) of the Gas Exporting Countries Forum (GECF) will take place on November 14, 2018,...
Oil Prices Fall As U.S Exempts Top Buyers of Iranian Oil Global oil prices fell on Tuesday after the U.S. granted sanctions exemptions to top buyers of...
Lagos Oilfield Output Drops, Further Drilling Expected in 2019 The Aje field, offshore Lagos, where crude oil production started nearly two and a half years ago,...
NNPC, Shell, ExxonMobil Considering Crude-for-product Swaps The Nigerian National Petroleum Corporation has said it can sign crude-for-product deals with Shell and ExxonMobil, similar to the one...
Iran Defies Trump Sanctions, Oil Sale Unstoppable Iran will sell its oil and break sanctions reimposed by the United States on its vital energy and banking...
Nigeria’s Oil Export Revenue Falls by N404 Billion The Central Bank of Nigeria (CBN) has disclosed that the revenue generated from oil export in the first...