Nigeria’s Dangote refinery set to import US crude oil Mercy Aboagye Jan 30, 2024 0 Nigeria’s Dangote refinery, the biggest in Africa, is gearing up to bring in crude from the US in the next…
EIA predicts fifth monthly oil output decline Mercy Aboagye Jan 17, 2024 0 Crude oil production in the United States is set to decline for the fifth month in a row in February, according to…
Shell to sell Nigeria onshore oil business for $1.3 billion Mercy Aboagye Jan 16, 2024 0 Shell Plc agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than…
What to expect from the Oil and Gas sector in 2024 Mercy Aboagye Jan 16, 2024 0 Standing out prominently among the sectors, the oil and gas index exhibited exceptional performance, recording an…
Government completes divestiture of Jubilee Oil Holdings… Mercy Aboagye Jan 16, 2024 0 Government has successfully completed the divestiture of Jubilee Oil Holdings Limited (JOHL) shares, an offshore…
Russian’s oil and gas revenues dip by 24% in 2023 Mercy Aboagye Jan 12, 2024 0 Russia’s oil and gas revenues slumped by 23.9% last year compared to 2022 as lower oil prices and reduced pipeline…
Oil prices rise 2% after US, Britain strike Houthi targets Mercy Aboagye Jan 12, 2024 0 Oil prices rose 2% on Friday as the United States and Britain carried out air and sea strikes on Houthi military…
Traders speculate on $110 oil as Middle East tensions… Mercy Aboagye Jan 11, 2024 0 While oil prices have been struggling to move above $80 per barrel for weeks, some traders have bet on oil hitting…
Fears of higher oil prices after Red Sea attacks Mercy Aboagye Dec 20, 2023 0 Attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods, analysts have…
Netherlands overtakes India as Nigeria’s biggest oil buyer Mercy Aboagye Dec 20, 2023 0 The Netherlands has overtaken India as the biggest buyer of Nigerian crude oil, marking a change in the…
TotalEnergies pledges $6 billion in Nigeria oil, gas… Mercy Aboagye Dec 19, 2023 0 TotalEnergies reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its…