Nigeria’s energy sector currently produces 1.7 million barrels of crude oil daily. Yet, the country still…
Tag: Crude Oil
Saudi Arabia, Iraq Halt Oil to Indian Refinery
Saudi Arabia and Iraq suspend oil sales to Nayara Energy in India after the European Union’s…
Angola’s Oil Output Falls Below 1mbpd Post-OPEC Exit
Angola’s oil output decline has raised serious concerns after production fell below 1 million barrels per…
U.S. Steps Up Sanctions Pressure on Iran’s Oil Trade
The United States has sanctioned a Greek shipping entrepreneur, a network of his companies, and two…
Angola’s Crude Output Dips Below 1 Million Bpd, Marking Post-OPEC First
Angola failed to meet government forecasts for oil production in July as its crude output slipped…
NUPRC Chief Komolafe Wins NAPE Award for Driving Energy Policy Reforms
The Nigerian Association of Petroleum Explorationists (NAPE) has honoured Gbenga Komolafe, Chief Executive of the Nigerian…
Robust Asian Demand Drives Saudi Oil Price Hikes
The world’s top crude oil exporter, Saudi Arabia, bets on robust demand in Asia as it…
Hurricane Threat Triggers Gulf Oil Evacuations
Oil companies are evacuating workers and scaling down operations as a powerful hurricane heads toward the…