New data from the Organisation of Petroleum Exporting Countries (OPEC) shows that Libya has become the leading African producer of crude oil. The report, released in...
Oil prices dropped by nearly $1 on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision. Investors remained uncertain about when peak rates would be...
Contaminated Water Crisis: Ibeno Residents Struggle to Access Safe Drinking Water Amidst Ongoing Oil Spills Health Impacts Unveiled: Miscarriages and Respiratory Diseases Plague Ibeno Community Due...
Oil prices have managed to find some stability amidst market turbulence in recent days, following a sharp decline earlier in the week. On Thursday, Brent crude...
The Chairman of Shell Companies in Nigeria, Osagie Okunbor, recently revealed that the Trans Niger Pipeline (TNP) was shut down for one year due to massive...
Oil prices saw a slight recovery on Tuesday after a 2% drop in the previous session following reports that the Chinese economy grew faster than expected...
Despite a larger-than-expected draw in U.S. crude oil and fuel stocks, oil prices fell slightly on Wednesday as the market weighed worsening economic prospects against the...
The Organisation of Petroleum Exporting Countries (OPEC) has increased Nigeria crude oil quota from 1.772million barrels per day for June 2022 to 1.799million barrels per day...