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    Oil & Gas

    Brent oil surge draws flood of crude cargoes towards Europe

    (May 10): Soaring premiums for North Sea oil have led to an influx of crude cargoes into Europe from exporters throughout the Atlantic Basin. Producers...

    Oil prices set for weekly gain despite India virus surge

    Oil prices steadied on Friday and were set for a weekly gain against the backdrop of optimism over a global economic recovery, though the...

    Refinery rehabilitation excites SME owners in Rivers state

    By Edith Ike-Eboh Eleme (Rivers State), May 6, 2021 (NAN)Small and Medium Enterprise (SME) owners around the Port Harcourt Refining Company (PHRC) have expressed optimism...

    Refinery rehabilitation : NNPC tasks contractor on project completion

    By Edith Ike-Eboh Port Harcourt, May 6th, 2021 The Nigerian National Petroleum corporation (NNPC) has tasked the Contractor rehabilitating the Port Harcourt...

    Oil prices slip more than 1% on worries of pandemic surge in India

    Oil prices slipped on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and elsewhere although prices retained some support from...

    Nigerianization of NLNG now 85%, shipping arm hit 84%

    By Godwin Oritse The Nigerianization process at the shipping arm of the Nigerian Liquefied Natural Gas, NLNG,has reached 84 percent while the NLNG Ship...

    Oil dips despite declining inventory

    Oil prices drifted lower on Wednesday after two days of gains despite U.S. crude stocks falling more sharply than expected, as traders used the...

    Oil slips more than 2% as India demand worries weigh

    Oil prices slipped on Friday, taking a breather after touching their highest in six weeks as concerns of wider lockdowns in India and Brazil...

    Oil price slips as India demand worries weigh

    Oil prices slipped on Friday, taking a breather after touching their highest in six weeks as concerns of wider lockdowns in India and Brazil...

    Oil Prices Rally Towards $70 As Demand Outlook Improves

    Crude oil prices got a major boost this week thanks to optimistic expectations about demand from OPEC+ and rebalancing fuel inventories in the United...

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