*There has been a ray of hope: a landmark production-cut agreement among OPEC, OPEC+ and G20 stakeholders on April 12…
Browsing: Oil
OpeOluwani Akintayo with agency report Lagos — Royal Dutch Shell has circulated its export schedule for June loading of Nigerian…
Dubai — Brooge Petroleum and Gas Investment Co (BPGIC) has leased oil storage facilities in the United Arab Emirates to…
Houston — Chevron Corp has reported a 38% increase in quarterly profit bolstered by asset sales but plans to expand cost…
Houston — Exxon Mobil Corp and Chevron Corp are slamming the brakes on oil output, as the top two U.S.…
BEIJING/SINGAPORE — China’s March crude oil imports from top supplier Saudi Arabia fell 1.6% from a year earlier, while purchases…
RIO DE JANEIRO — Petrobras, Brazil’s state-controlled oil giant, is plowing through a global oil glut expecting that exports to…
Abuja — The Nigerian National Petroleum Corporation, NNPC, has commiserated with families of the victims of a fuel tanker fire…
DENVER — American shale explorers are rapidly crimping production in the country’s most prolific oil fields as the worst price…
WASHINGTON — A fleet of supertankers carrying Saudi oil will add to the growing congestion at U.S. ports in coming…