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    U.S’ KBR Inks Engineering Contract for Nigeria’s BUA Oil Refinery Facility

    KBR, Inc. KBR has inked a contract from BUA Group, one of the leading agricultural and industrial chemicals conglomerates, to provide efficient and sustainable...

    NNPC seals new crude-for-fuel swaps deal for one year -sources

    Nigeria's state oil firm NNPC has picked 16 consortia for its new crude-for-fuel swap contracts for one year starting in August, sources with direct...

    Nigeria’s oil output exceeds OPEC+ production quota, to compensate by September

    Nigeria exceeded the April production quota set for it by the Organisation of Petroleum Exporting Countries and its allies by 84,000 barrels per day,...

    Oil prices rise on nagging fears of fuel shortages

    Oil prices rose on Tuesday, as lingering fears of gasoline shortages due to the outage at the largest U.S. fuel pipeline system after a...

    Global renewable energy grew at fastest pace in two decades in 2020 – IEA

    Renewable energy grew at its fastest pace in two decades last year, led by China, and will continue to grow in the next two...

    OPEC pins oil demand hopes on second-half recovery as India dents Q2

    OPEC on Tuesday stuck to its prediction of a strong recovery in world oil demand in 2021 as growth in China and the United...

    Global oil sector requires $12.6tr investment till 2045

    Lagos — Secretary-General of the Organization of the Petroleum Exporting Countries, OPEC, Mohammad Barkindo has said that the upstream, midstream and downstream sector of...

    SPDC spills 276 barrels into N/Delta communities in April 2021

    Port Harcourt — The Shell Petroleum Development Company of Nigeria Limited, spilled into communities in Rivers and Bayelsa States, a total of 276 barrels...

    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...

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