Oil & Gas

January 5, 2018

World Update: Oil Declines as Supply Concerns Loom With Summer Season Ending

Oil slid on concerns that supplies may rise once the summer driving season ends, with traders shrugging off an industry report showing U.S. stockpiles declined. Crude […]
December 13, 2017

World Update: Gas prices rise in freezing Europe after explosion and pipeline closure

Energy markets were shocked Tuesday by the closure of a pipeline in the North Sea and a major explosion at a facility in Austria that helps […]
December 11, 2017

Nigeria Update: US import of Nigerian crude hits four-year high

For the first time in more than four years, the United States’ monthly import of Nigerian crude oil rose to 12.29 million barrels in August, the […]
December 8, 2017

Nigeria Update: Total $16billion EGINA project ready by Q4 2018

Total Upstream Nigeria Limited (TUPNI), operators of the Egina field has said the $16billion project is expected to be completed in before year end (Q4) 2018, […]