Kachikwu: $100 Oil Impossible in 2018 The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said it would not be possible for the price...
Oil Still Accounts for 92% of Nigeria’s Earnings Despite the efforts of the Federal Government to diversify the economy away from oil to non-oil sector, receipts...
Big Oil Becomes Greener With Cuts to Greenhouse Gas Pollution It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may...
NNPC: Oil Production Dips to 1.3mbd Over Vandalism The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said an average of 700,000...
Saudi Arabia Says It’s Open to Another OPEC Cuts Extension Saudi Arabian Energy Minister Khalid Al-Falih agreed with his Venezuelan, Kazakh and U.A.E. counterparts to keep...
Oil Rises to $55 as Hurricanes Damage Refineries Oil-markets on Friday saw Brent crude supported by Saudi Arabia hoping to cut October supplies, while United States...
Crude Oil Price Rises to Four-week High Oil futures extended a rise on fears of potential damage to the United States oil production from Hurricane Irma,...
Oil Jumps as Post-Harvey Refinery Revivals Trigger Demand Boost Crude advanced the most in six weeks as key refineries and pipelines resumed operation following hurricane-driven shutdowns,...
Oil Exemption: Nigeria, Libya Know Fate Soon Will Nigeria and Libya continue to enjoy their exemption from the oil production cut deal? Or, will the two...
OPEC Oil Output Slips on Renewed Libyan Outages The Organisation of the Petroleum Exporting Countries on Thursday announced that oil output had fallen by 170,000 barrels...