This surge in interest can be attributed to improved terms and conditions, as well as the recent implementation of regulatory reforms within the industry.
The signing of the agreement will authorize the Block's ownership, with the DRC and Angola taking a 30% stake each while global energy major – and...
Brent oil, against which Nigerian oil is priced, fell 6 cents to $79.34 a barrel while the U.S. West Texas Intermediate (WTI) crude slipped 6 cents...
Brent crude oil, against which Nigerian oil is priced, dropped by 55 cents, or 0.7% to $77.92 per barrel by 06:30 , while U.S. West Texas...
Brent crude oil, against which Nigerian oil is priced, grew by 29 cents to $76.94 a barrel while the U.S. West Texas Intermediate crude oil rose by...
Voluntary cuts by Saudi Arabia and export reduction by Russia overshadow worries of economic slowdown and interest rate hikes
U.S. Oil Inventories Plummet, Boosting Oil Prices Amid Interest Rate Worries
Brent crude oil pulled back in the early hours of the day, shedding $1.36, or 1.8% to settle at $72.82 per barrel.
Emerging Markets to Offset Recession Risk, but Malaysian State Oil Firm Reports Slowdown in Demand and Growing Refinery Capacity Pressures Market
Over the past three decades, Angola has established itself as the premier destination for large-scale oil and gas investment.