Oil Prices Surge Amid US-Iran Conflict Global oil prices surged to six month high following the assassination of Qasem Soleimani, the Iranian Minister of Defence, by...
OPEC Accord: Nigeria to Maintain 100% Compliance Nigeria’s Minister of State for Petroleum, Timipre Sylva said the nation achieved 100 percent compliance on production cuts in...
Digitalise Oil Sector, Senate Tells Buhari President Muhammadu Buhari has been urged to embrace technology if leakages in the oil sector must come to an end....
Saudi Arabia Exports More Oil to China in October Saudi Arabia exported more crude oil to China in the month of October, data from China’s General...
Nigeria Cuts Oil Output by 37,000bpd in October The Organization of the Petroleum Exporting Countries (OPEC) has said Nigeria’s crude oil production declined by 37,000 barrels...
Saudi Arabia’s Oil Exports Drop 3% in September Saudi Arabia’s crude oil exports dropped by 3 percent from 6.88 million barrels per day in August to...
Nigeria’s Oil Output Drops 150,000 as Aiteo Shut Pipeline Again Nigeria’s total crude oil production to drop by 150,000 as Aiteo Eastern Exploration and Development Company...
Oil Firms to Start Paying Tax on Dividends Oil companies operating in the country will start paying tax on dividends paid from the profits they generated,...
African Leaders Won’t Apologise for Developing More Oil Fields African leaders are not buying into climate change campaign yet as they insisted their need for oil...
Nigeria Loses $42bn To Oil Theft – NEITI The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that the nation, between 2009 and 2018, lost crude...