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Oil & Gas
OPEC officials debate thorny issue of how to implement…
OPEC officials began talks in Vienna on Friday aimed at working out details of their oil supply-cut agreement,…
OPEC may freeze production over prices
Members of the Organisation of Petroleum Exporting Countries (OPEC) on Friday met in Vienna for talks about a…
Oil prices edge lower on doubts over production cut deal
Oil prices edged lower on Friday and were set for the biggest weekly losses in six weeks over doubts about whether…
NNPC, police pledge collaboration to curb attacks on…
Nigerian National Petroleum Corporation (NNPC) and the Nigeria Police Force (NPF) have pledged to work more closely…
Exxon Mobil announces significant oil discovery offshore…
ExxonMobil has announced significant oil discovery offshore Nigeria. Owowo-3 well encountered high-quality…
Oil rises above $50 as U.S. inventory drop balances OPEC…
Oil edged above $50 a barrel on Thursday as a further drop in U.S. crude inventories countered investor doubts that…
Iraq serves sweet tea and raw data to avoid OPEC…
With trays of sweet tea and a tour of Babylonian treasures at the national museum, Iraq’s Oil Minister Jabbar…
Senate gas committee promises to sustain NLNG legacy
Chairman, Senate Committee on Gas, Bassey Albert Akpan, has promised that his committee will do all in its power…
Oil down 1% on OPEC worries despite bounce on US draw
Oil fell 1 percent on Wednesday on growing doubts that OPEC would cut production enough to drain a global glut,…
Oil prices drop as concerns over global fuel glut…
Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising…
What monthly FAAC tells us about Nigeria, oil revenue
The Federal Accounts Allocation Committee (FAAC) is responsible for the distribution of revenue accruing to the…
Oil prices slip below $50 amid OPEC squabbles, strong…
Oil prices fell 1 percent on Tuesday, with U.S. crude breaking below $50 per barrel for a second straight day ahead…