Crude oil price is projected to rise by $3-5 per barrel when trading resumes after the U.S. attacked Iran at the weekend,…
Oil and Gas
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Oil prices slipped on Friday as the U.S. imposed new Iran-related sanctions marking a diplomatic approach that fed hopes of a negotiated…
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Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port…
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Oil and Gas
OPEC Fund Development Forum 2025 concludes with new commitments to accelerate global development impact
The fourth OPEC Fund Development Forum has concluded with a strong slate of new commitments, loan agreements and strategic partnerships to advance…
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Nigeria’s oil regulator is set to bring in a new rule that requires oil producers to obtain an export permit, vessel clearance…
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Residents of Okolobiri community of Gbarain Kingdom in Yenagoa Local Government Area of Bayelsa State have expressed worry over the endless gas…
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Crude oil prices climbed on Tuesday as the Iran-Israel conflict raged with no end in sight, though major oil and gas infrastructure…
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Oil prices soared, up by more than seven percent on the day following Israel’s strike on Iran, increasing fears of supply disruptions…
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Enhanced oil recovery technologies, powered by AI, are breathing new life into declining reservoirs. From predictive analytics to machine learning algorithms, AI…
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Oil and Gas
Crude oil prices climb to 2-month high on US-China trade deal, worries about Iran supply
Crude oil prices rose 2% on Wednesday, to their highest in more than two months, as President Donald Trump said the U.S.…
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Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after a…
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Oil prices extended gains on Tuesday, buoyed by U.S.-China trade talks and a dip in Saudi Arabian crude supply to China. Brent…
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A Nigerian oil firm has exported New Blend of Crude Oil. Green Energy International Limited (GEIL) said it has completed its first…
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Movement for the Survival of the Ogoni People (MOSOP) has called on President Bola Ahmed Tinubu to set up a probe panel…
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Nigeria is witnessing a significant shift in its oil and gas landscape as local companies expand their roles, driving a new phase…