01 October 2017, Accra — After an international maritime court backed Ghana in a dispute with Ivory Coast over claims…
Browsing: Oil
01 October 2017, Riyadh — Saudi Arabia’s markets regulator loosened its rules for licensing asset management and other investment firms…
01 October 2017, Dubai — Qatar’s economic growth slowed in the second quarter to its lowest rate since the global…
01 October 2017, London — U.S. crude oil production rose to a 9.24 million barrels day in July, an increase…
“In a way, we can say that the oil sector took us into recession and took us out of it. We need to be alive to the danger of a double-dip and prevent that from happening.”
“The Zero Oil Plan aims at earning at least $30 billion from non-oil sources in the near to medium term as against the current earnings of about $5 billion.”
30 September 2017, Lagos — The main subsidiary of Nigeria’s state oil company said on Monday it planned to increase…
30 September 2017, London — OPEC oil output has risen this month by 50,000 barrels per day (b/d), a Reuters…
“The fire incident is an operational mishap and has nothing to do with militants. So it is within the operational levels of the company and officials are currently assessing the damage done by the fire,” the source noted.
29 September 2017, Sweetcrude, Houston, Texas – US oil major, ExxonMobil Corporation has added 22,000 acres to its Permian Basin…
