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Oil & Gas
OPEC no-cut strategy called to question
After showing some of the strongest gains, Brent fell back after fresh data from the Energy Information…
ConocoPhillips to reduce costs by $1 billion
ConocoPhillips is set to reduce costs by $1 billion while increasing costs of uncoventionals. The company provided…
Glut of unplaced Nigerian crude expected to flow to…
A glut of unplaced Nigerian crude is expected to flow to Europe hoping to find end user demand after weak buying…
Tackling challenge of JV funding in Nigeria’s oil, gas…
A recurring problem in the upstream sector of the Nigerian oil and gas industry is the inability of the national…
Analysts seek shared experiences for Sub-Saharan Africa…
Sub-Saharan Africa upstream oil and gas can reach greater heights if African oil and gas leaders and their support…
Potential triggers for crude oil prices
The Energy Information Administration reported on April 1 that total US oil production fell for the week ending on…
Oil producers seeks production cut
The African Petroleum Producers Association (APPA), which represents oil and gas producers from Algeria to South…
Bullish oil fund managers start to capitulate on oil…
Last fall, when the price of oil started dropping, fund manager Craig Hodges figured crude would rebound in 2015…
US Drillers vs. OPEC: The battle intensifies
OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought…
Refiners profit from cheaper crude, shore up battle for…
The plunging oil prices, which have dropped by more than 50 percent since mid-June and are expected to remain low…
CNOOC to boost output by 18% over 3 years
China’s top offshore oil producer CNOOC Ltd said it aims to boost output by 18 percent over the next three years,…
Ghana owes Nigeria Gas $100m
Mahamudu Bawumia of the New Patriotic Party (NPP) has revealed that the reason behind Ghana’s current power crisis…