What to expect from the Oil and Gas sector in 2024 Rhema Jan 16, 2024 Standing out prominently among the sectors, the oil and gas index exhibited exceptional performance, recording an…
Government completes divestiture of Jubilee Oil Holdings… Rhema Jan 16, 2024 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 Rhema Jan 12, 2024 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 Rhema Jan 12, 2024 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… Rhema Jan 11, 2024 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 Rhema Dec 20, 2023 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 Rhema Dec 20, 2023 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… Rhema Dec 19, 2023 TotalEnergies reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its…
Oil extends weekly gain with focus on Red Sea shipping… Rhema Dec 18, 2023 Oil rose following its first weekly gain since late October as major shipping lines suspended transit through the…
Analysts say oil prices unlikely to hit $100 in 2024 Rhema Dec 18, 2023 Surging non-OPEC+ oil production and significant storage space held by the OPEC+ group will continue to put…
Uganda will soon be exporting oil: an energy economist… Rhema Dec 11, 2023 Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total…