24 C
Lagos
Thursday, August 6, 2020
Home Tags Crude oil

Tag: crude oil

U.S. crude oil dips below $20 as lockdowns hit demand

0
London (Reuters) Oil prices fell sharply on Monday, with U.S. crude briefly dropping below $20 and Brent, hitting its lowest level in 18 years,...

Stability is key for supermajor investment in Africa

0
Although it may appear that much of the exploration activity in Africa is driven by smaller independents, the supermajors still have a significant role...

Oil falls on caution ahead of economic data, offsets trade deal...

0
Singapore (Reuters) Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, in spite of hopes for...

NNPC targets China to boost crude oil reserves

0
The Nigerian National Petroleum Corporation(NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential to actualise the growth of the...

NNPC, Dangote Refinery partnership’ll turn Nigeria into a petrol exporting nation...

0
By Libby George Abuja (Reuters) - The new Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, has disclosed that the oil...

Iran releases video of captured British crude oil tanker

0
Tehran (UPI) Iran released a video Monday showing its Islamic Revolutionary Guard Corps ordering a British navy ship not to interfere as it seized an oil...

Nigeria to supply 10% of India’s crude oil demands

0
Nigeria to supply 10% of India's crude oil demands The Nigerian National Petroleum Corporation (NNPC)  says it will  continue to supply 10 per cent of...

Iranian president warns UK of consequences of crude oil tanker seizure

0
Tehran (Xinhua) Iranian President Hassan Rouhani on Wednesday warned Britain of the consequences of the recent seizure of an Iranian oil tanker in the...

Oil tanker attacks in Gulf of Oman stoke fears over conflict...

0
Dubai (Reuters) Two oil tankers on Thursday were attacked and left adrift in the Gulf of Oman, driving up oil prices and stoking fears...

Angola kicks off six-year crude oil licensing cycle

0
Angola made another stride today in becoming Africa’s hottest oil & gas frontier by launching the first phase of its brand new six-year oil...

No Turn Around Maintenance (TAM) on Nigeria’s refineries for 42 years...

0
By Edith Ike-Eboh   The Group Managing Director of the Nigerian National Petroleum Corporation(NNPC), Dr Maikanti Baru, said that the country’s refineries had not undergone Turn...

Total snatches up Maersk Oil for $7.45 billion

0
  By Daniel J. Graeber    (UPI) -- French supermajor Total said Monday it would become the second-largest operator in northwest Europe through a deal to acquire Danish producer...

Crude oil prices rises amidst higher global demand, fears of instability...

0
By Julia Simon NEW YORK (Reuters) - Oil prices rose slightly on Friday in volatile trading as the market weighed lower U.S. crude stocks, Nigerian...

Shell Petroleum decries occupation of Flow Station in Rivers State, denies...

0
  Shell Petroleum Development Company of Nigeria Ltd  on Friday decried the occupation of its Flow Station by suspected aggrieved indigenes of Kula and Belema communities,...

The Saudi Arabian angle in Venezuela’s political crisis

0
  By Bulent Gökay   (UPI) -- Venezuela is sinking ever deeper into a political and economic calamity. Inflation is above 700 percent and GDP is more than...

Iraq, Saudi Arabia express full commitment to OPEC balancing act, Nigeria...

0
  By Daniel J. Graeber    (UPI) Leaders of the Organization of the Petroleum Exporting Countries (OPEC) have affirmed that crude oil production from Iraq and Saudi Arabia will...

Niger Delta leaders give Nigeria November 1 deadline to meet demands

0
By Felix Onuah ABUJA (Reuters) - Prominent community leaders in Nigeria's restive Niger Delta oil hub threatened on Monday to pull out of peace talks...

OPEC moves to cap Nigerian oil output, boost compliance

0
  By Katya Golubkova, Vladimir Soldatkin and Rania El Gamal   ST PETERSBURG, Russia (Reuters) - OPEC moved on Monday to cap Nigerian oil output and called on several members to...

Total-led group lands first contract in Iran in a decade

0
By Daniel J. Graeber Tehran (UPI) Monday is a "huge day" for the Iranian energy sector, an analyst said after it signed off on its first offshore...

Niger Delta Avengers back down from June 30 deadline to resume...

0
  Yenagoa (Reuters) - The New Delta Avengers (NDA) on Wednesday withdrew its threat to launch attacks on oil facilities from June 30, a move that...

Follow us

11,094FansLike
3,356FollowersFollow
0SubscribersSubscribe