Oil prices were little changed on Wednesday ahead of data expected to show rising crude inventories in the United States and as the dollar strengthened from last week’s three-year lows. Continue Reading
Despite OPEC assurances, market wary of U.S. output growth Traders awaiting key weekly government tally of inventories Oil in New York dipped on concern that expanding U.S. stockpiles knocked the Continue Reading
From the mixing of U.S. policies and special interests, to backing away from transparency in oil and gas, it’s been a “very bad year,” a watchdog group said. Transparency International Continue Reading
Oil and gas will account for over half of the world’s energy by 2040, according to BP’s latest Energy Outlook. Oil and gas will account for over half of the Continue Reading
The improved financial condition for explorers is now emboldening rig contractors to push for better pricing. (Bloomberg) — Explorers are once again testing the waters in their search for oil, Continue Reading
The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long. But now, the new tech on the Continue Reading
Having helped wrestle the oil market from its latest bust, OPEC is now setting its sights at avoiding the next one. While insisting that its work to drain oil inventories Continue Reading
Saudi Arabia is undergoing a truly seismic shift in its economy, politics, and society, all thanks to the oil price crash of 2014. Crown Prince Mohammed bin Salman, commonly referred Continue Reading
While Nigerians across many states continue to grapple with the unavailability of petrol at the official price, the situation may get worse due to threat by depot owners. On Tuesday, Continue Reading
Tension is brewing in Ogoni ethnic nationality of Rivers State following the insistence by Movement for the Survival of Ogoni People, MOSOP, that the people of Ogoni have not endorsed Continue Reading
