The Senate disclosed yesterday that Nigeria had lost N2.3 trillion to crude oil theft this year.…
Search Results for: crude oil
NIGERIA: Preparing for an Era Without Crude Oil – Onu
Nigeria currently preparing for the post-crude oil era says Onu National Energy Summit 2021 holds Reforms…
2024 Oil & Gas Investment to Hit $570 Billion
Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…
IEA Lowers 2024 Oil Demand Forecast, OPEC Maintains Projection
The International Energy Agency (IEA), in its May 2024 Oil Market Report, reduced its forecast for…
Dangote Plans to Set Up Oil Trading Firm – Report
Africa’s wealthiest individual, Aliko Dangote, is in the planning stages of establishing an oil trading arm,…
Oil Prices Increase After OPEC+ Extends Output Cuts
Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…
TotalEnergies to Sell Stake in Nigerian Onshore Oil
TotalEnergies has stated plans to sell its minority stake in a significant Nigerian onshore oil joint…
IPR Energy Discovers Oil in Egypt
US-based IPR Energy Group (IPR) has discovered oil with its West AY-1X exploration well onshore Egypt.…
NNPC Restores 275,000bpd of Oil, Resolves Workers Strike
NNPC Ltd restored 275,000 bpd (barrels per day) at its joint venture with Total Energies, resolving…
Westmount Energy Projects High Investments in Oil Sector
Westmount Energy Limited projects investment in the oil sector ‘upstream’ segment to reach its highest level…