Angola failed to meet government forecasts for oil production in July as its crude output slipped…
Tag: Crude Oil
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…
Fire Hits Key Niger Delta Oil Pipeline, Damage Unknown
A fire damaged the Trans Niger Delta Pipeline (TNP), one of Nigeria’s key oil pipelines. Rivers…
Dangote Refinery Halts Petroleum Sales in Naira
Dangote Petroleum Refinery has temporarily stopped selling petroleum products in naira, sparking concerns over fuel pricing…
Tower Resources Ramps Up NJOM-3 Drilling Prep, Awaits Cameroon’s Green Light
British oil company Tower Resources prepares for the NJOM-3 well in Cameroon’s Thali block. The company…
Nigeria’s Export Market Hits ₦59.44tn, Energy, Petroleum Oils Lead
Nigeria’s trade landscape has shifted dramatically in 2024, with Africa emerging as the country’s largest export…
U.S. Crude Reserves Soar to 8.7M Barrels, Defying Market Projections
U.S. crude oil inventories surged by 8.7 million barrels last week, exceeding market expectations. Analysts predicted…
China Tariff Retaliation Targets its Modest US Energy Imports
China has made plan to slap retaliatory tariffs on imports of US crude oil, liquefied natural…