Global E&P revenues could fall by around $1 trillion this year to $1.47 trillion, compared with $2.47 trillion in 2019, according to Rystad Energy. Prior to the spread...
The U.K.’s oil and gas industry could lose as many as 30,000 jobs over the next 12–18 months and see drilling levels...
U.S. President Donald Trump says Texas, Oklahoma, and North Dakota are going to cut their oil production, without giving specifics on numbers,...
Nigeria recorded crude oil and gas export sale of $434.85million in January, 2020, an increase of 94.30 percent compares with the December...
Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s...
US oil prices tumbled to their lowest level in trading history dropping towards $10 a barrel as a collapse in demand triggered...
The Extractive Industries Transparency Initiative (EITI) says it is teaming up with OpenOwnership to tackle corruption and open up ownership in the...
OPEC is forecasting further pain and weak crude oil demand as the coronavirus pandemic continues. Global oil demand is slated to drop...
On April 20, 2010, while drilling oil giant BP’s Macondo well in the Gulf of Mexico, the crew lost control of the...
In the middle of a viral pandemic, a crash in the price of oil and an economic slump not seen in 100...
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Following the effect of the Covid-19 pandemic on the global economy and that of...
Oil prices fell on Monday as concern over a persistent glut and economic gloom...
Norway is set to use a record amount of petroleum revenues from its $1-trillion...
Total has set a target of net-zero emissions by 2050 or sooner for its worldwide operations....
As the oil Nigerian industry prepares for the commencement of the marginal oil fields...
For the downstream oil and gas sector to be completely deregulated, the federal government...
Norway Implements Offshore Oil Production Cuts To Support OPEC+ Norway’s Ministry of Petroleum and...
As economies of the world, including Nigeria, continues grapple with the Covid-19 pandemic, the...
Ahead of Nigeria’s planned Marginal oil fields bid round, a group of Civil Society...
The Nigeria National Petroleum Corporation (NNPC) says it realised a total of N2.5 trillion...
