Tag: Oil

Oil rose toward $56 a barrel on Monday, supported by another shutdown at Libya's largest oilfield over the weekend and ...

The management of Shell Petroleum Development Company said it has shut down the Nembe creek trunk line, to remove a ...

Nigeria has lost some of its market share in Europe,  as crude oil exports from the United States penetrate more ...

Production at the western Libyan fields of Sharara and Wafa has been blocked by armed factions, reducing output by 252,000 ...

Libya's eastern parliament said on Wednesday it supported ending a deal to unify the country's National Oil Corporation (NOC), a ...

Hundreds if not thousands of armed men are converging on Libya’s main oil shipping terminals, which the rival powers in ...

Nigeria is to save a whopping $31.4 billion yearly  on reduced cost of crude oil production, which peaked at $70 ...

Undaunted by current economic realities in the country, an indigenous oil firm, Brittania-U Nigeria Limited, has established crude oil export ...

Following the dismal performance of non–oil mineral revenue in 2016, Nigeria has again turned attention to crude oil to fund ...

The Federal Government, yesterday, accused International Oil Companies, IOCs, operating in Nigeria of falsifying gas flare data to cut down ...