Oil and Gas
FG shortlists 200 investors for gas flare sites
The federal government has shortlisted 200 investors to bid for gas flare sites after the evaluation of statements of qualification…
Oil prices push up the trend following last night’s descent
The latest crude oil price rally was nipped in the bud last night by the news that 15,000 new…
Global oil demand set to see first quarterly decline in over 10 years, says IEA
Global oil demand is now expected to see its first quarterly contraction in over a decade, according to the International…
One billion oil barrels found in North-East, says FG
Timipre Sylva, the minister of state for petroleum resources, said on Wednesday that the nation’s oil and gas sector has…
EIA reports hefty oil inventory build
Crude oil prices hesitated today after the Energy Information Administration reported a US oil inventory build of 7.5 million barrels for the…
Global oil demand growth is evaporating
The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic…
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