Oil prices jumped by more than $6 on Monday, with Brent crude climbing above $114 a barrel, as European Union nations considered…
Category:
Oil and Gas
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The Nigerian Electricity Requlatory Commission (NERC) has approved a special gas pricing for emergency contracting of gas from the Nigerian Gas Marketing…
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The Major Oil Marketers Association of Nigeria (MOMAN) says it is holding talks with domestic airlines for steady supply of aviation fuel…
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Oil fell on Wednesday in another volatile session as traders reacted to hoped-for progress in Russia-Ukraine peace talks and a surprising increase…
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A Nigerian court has stopped Shell Plc from selling any assets in Nigeria until a decision is reached on the company’s appeal…
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Oil prices dropped about 8% on Monday to the lowest in two weeks, as diplomatic efforts between Ukraine and Russia looked like…
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Natives of Lasukugbene in Southern Ijaw Local Government Area of Bayelsa State have lamented the adverse impact of crude oil leak from…
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Apparently worried by unending inquiries by its happy investors and stakeholders who barely a week ago welcomed its share deal with ExxonMobil,…
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Shell has pledged to stop buying oil from Russia as it apologised for its purchase of cheap Russian crude at the weekend.…
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NewsOil and Gas
Africa Chamber of Energy projects $30bn capital expenditure in oil, gas in Africa in 2022
African Chamber Chamber of Energy (AEC) has projected $30 billion capital spending within Africa’s oil and gas industry in 2022. According to…
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Governor Muhammadu Inuwa Yahaya assured that his administration will not relent in pushing for the actualisation of exploitation of the already discovered…
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The Edo State Government has embarked on a recertification exercise for petrol and gas stations in Benin City, with the aim of…
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Host Communities Producing Oil and Gas (HOSTCOM) have highlighted grey areas affecting their interests in the Petroleum Industry Act PIA, for which…
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Brent futures rose $4.11, or 3.7 per cent, to $114.57 a barrel while U.S. West Texas Intermediate crude rose $4.34, or 4.0%,…
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Oil steadied after hitting prices not seen in roughly a decade on Thursday, as sellers jumped in on hopes that the United…