Oil and Gas
ExxonMobil, Shell, Chevron, Total, BP cautious despite profiting from oil price rebound
The world’s leading oil companies published a bumper crop in profits last year as rising crude prices helped turn their…
No excuse for continued use of energy subsidies worldwide- Christine Lagarde
Christine Lagarde, the international monetary fund's Managing Director asserted on Saturday the importance of removing energy subsidies worldwide and especially…
Nigeria’s state oil company to import 100m litres of gasoline per day in Feb
Nigerian National Petroleum Corporation, NNPC, said it will import two cargoes of gasoline per day for the rest of February…
U.S. crude oil inventories decrease again as oil prices rise
Oil prices rose Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last…
Nigeria’s Kaduna refinery shut temporarily, state oil company says
Nigeria’s Kaduna oil refinery has temporarily shut down because of a lack of crude, the Nigerian National Petroleum Corporation (NNPC)…
Erin Energy discovers hydrocarbons in Nigeria’s Oyo-NW well
Erin Energy Corporation on Wednesday announced that it has completed the drilling of the Nigeria's Oyo-NW well, and based on…
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