According to a fact sheet report published by the US Energy Information Administration (EIA), the 15-member OPEC countries earned a total of...
OPEC in its latest monthly report, lowered its global oil-demand growth estimate by 20,000 bpd, to 1.64 million bpd this year. This...
Shoreline Canadian Overseas Petroleum Development Corp. (ShoreCan) has negotiated finance of between $30 million and $50 million for investment in its 80percent...
Oil prices soared Friday as a divided OPEC came together and agreed to modest production increases of 1 million barrels a day....
A declaration on the next phase of the historic 5,660km long regional gas pipeline project connecting gas from Nigeria to West African...
OPEC oil output fell to a 13-month low in May due to Nigerian outages, declining Venezuelan production and strong compliance with a...
A recent report has shown that Nigeria earned a total of N69.2 billion from the solid minerals sector in 2015, representing 24percent...
Nigerian crude oil output slipped by 70,000 bpd, last month, as exports of Bonny Light crude were under force majeure for part...