Oil rose on Wednesday, supported by strong demand for gasoline, but rising output from OPEC producers…
Tag: oil
FG urged to unlock oil, gas potential
General Manager, Downstream Gas, Chevron Nigeria/Mid-Africa, James Okereke, has urged the Federal Government to unlock the…
All of Nigeria’s oil savings can’t fund 20% of 2017 budget-NEITI
Nigeria Extractive Industry Transparency Initiative (NEITI) says all of the country’s oil savings since the inception…
Oil edges up towards $49, U.S. drilling slowdown supports
Oil edged up to about $49 a barrel on Monday after fewer drilling rigs were added…
Oil edges up towards $49, U.S. drilling slowdown supports
Oil edged up to about $49 a barrel on Monday after fewer drilling rigs were added…
How Omokore, Aluko funded Diezani’s lavish lifestyle with Nigeria’s oil money – US
The civil forfeiture notice filed by the US Department of Justice (DOJ) to recover $144 million…
OPEC compliance with oil cuts at lowest – IEA
The International Energy Agency (IEA) says OPEC’s compliance with production cuts fell in June to its…
Oil falls as banks cut price forecasts
Oil prices fell on Tuesday as global oversupply encouraged several banks to cut their forecasts for…
Oil, gas investment set to recover slightly – IEA
Investment in the oil and gas industry will see a tentative recovery in 2017 after an…
Iranian tanker company says oil shipments to Europe increasing
NITC, Iran’s leading oil tanker operator, said on Monday its shipments to Europe were increasing daily…
IMO to look into ban on heavy fuel oil in Arctic shipping
The International Maritime Organiation (IMO) has agreed to take steps toward a ban on the use…