from OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – WHILE it is the continent’s biggest producer of crude oil, the irony is that Nigeria suffers recurrent crippling fuel shortages. Continue Reading
Cryptos are moving sharply lower in response to news that President Trump has issued an executive order banning the U.S. purchases of the "Petro", the cryptocurrency which was infamously rolled Continue Reading
In a rare shipment, a diesel cargo will be loaded into a very large crude carrier (VLCC) from a refinery at China’s Tianjin port next month before heading to Europe Continue Reading
Iraq agreed to pay the salaries of the Kurdistan region’s civil servants and security forces, a spokesman for the government said on Monday. “The federal finance ministry transferred a cash sum Continue Reading
In meetings in New York, fund managers push back on valuation Saudi officials were warned shale output may upset IPO plans Saudi Arabia’s willingness to delay the initial public offering Continue Reading
U.S. energy companies added oil rigs for the seventh time in the last eight weeks on expectations crude prices in 2018 will top 2017, prompting more drillers to boost spending Continue Reading
The next leader of Saudi Arabia says his country would quickly obtain a nuclear bomb if arch rival Iran successfully develops its own nuclear weapon. Crown Prince Mohammed bin Salman Continue Reading
Statoil ASA, whose North American portfolio stretches from Canada’s offshore to the Gulf of Mexico (GOM), unveiled plans Thursday to rebrand as “Equinor” to reflect a broader energy strategy that Continue Reading
Texas has switched back to Daylight Saving Time and I am once again driving to work in the dark. The stars were still out this morning when I left the Continue Reading
US gasoline consumption fell for the first time in five years in 2017 as Americans saw higher gasoline prices, drove more fuel-efficient vehicles and their individual travel habits evolved, S&P Continue Reading
