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Oil & Gas
Darker clouds ahead as US starts exporting crude after…
The first shipments of American crude have left US ports for Europe just weeks after US Congress lifted a 40-year…
FG to audit NNPC, others
Following the 65th meeting of the Economic Council (NEC) on Thursday in Abuja, the Federal government has engaged…
World Bank slashes oil price forecast to $37 a barrel
The World Bank on Tuesday dramatically revised down its forecast for crude oil prices, predicting they would…
OPEC-led attempt for oil-cut deal under way, prospects…
OPEC is renewing efforts among members and producers from outside the group for a deal to fix an oil glut and boost…
‘Restructuring of NNPC, Ministry of Petroleum has been…
Sunny Oputa, CEO of Energy and Corporate Africa, a firm that produces oil and gas conferences in different parts of…
Oil price slide: ICT as cost cutting measure for oil,…
The oil market seems to be finally getting to the point where it is breaking the will of oil producers to keep…
NNPC/Chevron boost gas supply with SONAM Topside NWP…
Nigeria’s poor power supply will soon be a thing of the past as Chevron Nigeria Limited in partnership with NNPC…
War and strife cost Libya $68bn in lost oil revenues
Libya has forgone more than $68bn in potential oil revenues since 2013 amid a power struggle between rival factions…
Davos oil view: Roubini to Kazakhstan agree slump can’t…
One thing that oil producers congregating in Davos agree on is that the oil rout can’t go much further. There’s…
Exxon Mobil sees a world with less carbon but…
Exxon Mobil Corp on Monday said efficiencies and increased use of renewable fuels will cut by half the carbon…
Rivers, Akwa Ibom communities get Total E&P new…
French oil giant, Total E&P Nigeria, and communities in Akwa Ibom State and the Amah Community in Rivers State…
Scrapping of fuel subsidies to save Nigeria $5bon
Nigeria’s government, which relies on oil for about two-thirds of its revenue, sees a silver lining to the plunge…