Energy

Brent oil benchmark hits 2-year high, WTI highest since 2018

Oil prices continued to rally on Wednesday on signs of strong fuel demand in western economies, while the prospect of…

5 years ago

Oil drops again on doubts over demand rebound

Oil prices extended their losses on Tuesday as concerns about the fragile state of the global recovery in demand for…

5 years ago

TotalEnergies, others bag awards at NIPS

TotalEnergies won the 2020 Fully Integrated Company of the Year award in the Nigerian oil and gas sector. The award…

5 years ago

NIPS: Buhari tasks participants on strategies to harness Nigeria’s vast hydrocarbon

President Muhammadu Buhari urged participants at the fourth Nigerian International Petroleum Summit (NIPS) to focus on strategies to further exploit…

5 years ago

OPTS committed to move industry forward – Group

Mr Michael Sangster, chairman of the Petroleum Producers Trade Section (OPTS), said the group is committed to supporting any initiative…

5 years ago

OPEC loses $1trn to oil price plunge in two years, says Sec Gen

Organization of the Petroleum Exporting Countries (OPEC), Secretary-General, Dr Mohammad Barkindo revealed that OPEC member countries have lost around $1…

5 years ago

Digital technology key to reducing crude oil production cost, say FG

The federal government says the deployment of digital technology is key to reducing the Unit Operating Cost (UOC) of crude…

5 years ago

OPEC+ meets, considers higher oil output

The OPEC group of oil-producing countries and its allies are set to boost production further as they meet Tuesday, following…

5 years ago

54 pipelines vandalized in February – NNPC

The Nigerian National Petroleum Corporation (NNPC) says 54 oil pipeline points were vandalized in February 2021. The Company disclosed this…

5 years ago

AKK Gas project will revive struggling industries and create jobs – Ganduje

Governor Abdullahi Ganduje of Kano State said the Ajaokuta, Kaduna, Kano (AKK) pipeline project will have a huge economic impact…

5 years ago

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