Oil and Gas

Oil prices slump as OPEC, Russia plan output boost

Oil prices fell more than $2 per barrel Friday as Saudi Arabia and Russia discussed easing production cuts that have…

Saudi Arabia, Russia consider easing crude oil supply curbs

Saudi Arabia and Russia are prepared to ease oil production cuts, which have pushed crude prices to their highest since…

IEA says few energy technologies, sectors on track for climate goals

The International Energy Agency has said only four of 38 energy technologies and sectors were on target last year to…

Nigeria’s state oil firm vows to relocate Escravos channel pipelines for seamless products supply

The Nigerian National Petroleum Corporation (NNPC) has said it would relocate pipelines along the Escravos channel to pave the way…

Nigeria’s state oil company partners Agip oil to increase power supply by 500 megawatts

The Nigerian National Petroleum Corporation (NNPC) and Nigeria Agip Oil Company Limited (NAOC), in a bid to increase power supply…

Nigerian equities sustain downtrend on losses in oil and gas, consumer, banking counters

Nigerian equities recorded a fourth consecutive downtrend, Tuesday as three major sectoral indexes closed lower. The oil and gas index…

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