News wires — Top oilfield firm provider SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude…
Browsing: global oil prices
London — Global oil prices could drop to around $40 a barrel by 2030 if governments push to reduce fuel…
News wire — The Trump administration has granted royalty relief to several drilling companies producing oil and gas on federal…
02 February 2017, Lagos – The number of active oil rigs in Nigeria extended its decline last year, as it…
The policy research organization, which made the projection in the latest edition of its Nigeria Economic Update released recently, hinged the positive outlook on the easing market conditions in the international crude market.
18 November 2015, Lagos – Global oil prices rebounded Wednesday but buying sentiment remains sluggish owing to supply glut woes and…
03 September 2015, Lagos – The slide in global oil prices is weighing heavily on Nigerian oil firms, with one…
22 December 2014, News Wires – CNOOC Ltd’s Nexen unit said on Sunday it was shutting operations at an oilfield and…
