Oil and Gas

Oil prices fall but set for third weekly rise

Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing US-China trade…

Rivers wins oil wells from Bayelsa as court orders map error correction

The Federal High Court in Abuja on Monday ordered the transfer of Soku oil field from Bayelsa State to its…

Concerns as NEITI unveils oil blocks’ owners

The Nigeria Extractive Industries Transparency Initiative (NEITI) has unveiled a beneficial ownership register, which holds the details of real owners…

Russian oil major returns to Libya after 5 year break

The National Oil Corporation of Libya has announced that Russia’s Tatneft has returned to its exploration project in the North…

AMCON takes over oil firm over N29b debt

The Asset Management Corporation of Nigeria (AMCON) on Monday  took over Cedar Oil & Gas Exploration and Production Limited over…

Oil set for big weekly gains as OPEC+ agrees on deeper output cuts

Oil prices rose on Friday and were on track for weekly gains as a meeting of OPEC and its allies…

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