Is Saudi Arabia really quitting oil?
Saudi Arabia has set itself ambitious targets for green energy and wants to become carbon neutral by 2060. So will it now cease fossil fuel production altogether? Not at all. In fact,…
Oil producers agree on way to monitor oil cut
OPEC and other oil producers agreed on a way to monitor their compliance with last month’s historic supply deal, putting global markets on track to re-balance after more than two years of…
Navy arrest suspected oil thieves, destroys boats
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OPEC has shown new resilience to work in unified manner – Ibe Kachikwu
Nigerian Petroleum Minister Emmanuel Ibe Kachikwu discusses the OPEC production cut deal, oil prices in 2017 and the outlook for oil in Nigeria.…
2016: Challenging year for Nigeria’s manufacturers
Persistently high interest rates, acute forex shortage and an increasingly difficult operating environment have further squeezed margins and led to mass job losses across the country.…
Iran boosts crude sales to India
Iran is pulling ahead in the race for market share in the world's fastest growing oil consumer. It beat Iraq and Saudi Arabia as the leading supplier to India in October.…
Oil tumbles on OPEC skepticism
This week's OPEC meeting in Vienna has gotten off to a bad start before it's even begun as a planned meeting of producers both inside and outside the group was abandoned after…
Kachikwu: Optimistic on LNG talks and OPEC deal
Japan could be involved in future greenfield Liquefied Natural Gas projects, according to a copy of a speech by Emmanuel Ibe Kachikwu, who spoke at the LNG Producer-Consumer conference in Tokyo.…
Nigeria plans NNPC listing
Nigeria's government says it plans to list its National oil company on the Nigerian Stock Exchange once petroleum sector reforms are concluded.…
141 arrests in North Dakota pipeline protest
Police arrest 141 Native Americans and other protesters in a tense standoff Thursday, over the disputed North Dakota oil pipeline.…
SGF scores Buhari administration 98% despite systemic rot, other issues
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