Moscow — Saudi Arabia and Russia have differences over a potential deal among OPEC+ oil producers that could ease curbs on supply starting in April, a source told RIA news agency on Mo... Read more
Mkpoikana Udoma Port Harcourt — Former Vice President, Atiku Abubakar, has thrown his weight behind the planned privatization of the nation’s four refineries d there national ass... Read more
OpeOluwani Akintayo Lagos — The Nigerian Customs Service, NCS has said the federal government would soon reintroduce the abolished N1.50k per litre levy on Petroleum Products. Comptrol... Read more
London — Oil prices fell for a second day on Friday, retreating further from recent highs, as Texas energy companies began preparations to restart oil and gas fields shuttered by freez... Read more
Lagos — The US will drive upcoming project starts across the oil and gas value chain in North America, accounting for 70% of the total projects expected to start operations by 2025. Of... Read more
OpeOluwani Akintayo Lagos — Shell Petroleum Development Company, SPDC has refuted claims of crude theft and diversion widely reported against it by some media outlets recently. In a st... Read more
Lagos — A federal court in Lagos has frozen the accounts of the Royal Dutch Shell’s Nigerian subsidiaries over a lawsuit brought against the oil major by Aiteo Eastern E&P. Specifi... Read more
Mkpoikana Udoma Port Harcourt — The Federal High Court in Yenagoa, Bayelsa State, has adjourned the suit seeking to halt the process leading to issuance of new licenses for marginal o... Read more
Milan — Italian energy group Eni on Friday raised its ambition to cut greenhouse gas emissions, vowing to become net carbon neutral by 2050, as it seeks to keep up pace in an industry... Read more
Rio De Janeiro — The chief executive of Brazil’s state-led oil company Petrobras is trying to fight off President Jair Bolsonaro’s bid to oust him over his insistence on raising gasol... Read more
