Wednesday, March 11, 2026
Falling oil price pushes Tullow Oil to £400m loss
Lower oil prices pushed Tullow Oil into a pre-tax loss of almost £400m in the first half of the year....
Read moreDetailsChina urges halt to oil drilling in disputed South China Sea
China's Foreign Ministry has urged a halt to oil drilling in a disputed part of the South China Sea, where...
Read moreDetailsOil prices dip as OPEC, non-OPEC debate capping Libya, Nigeria oil output
Oil slipped to one-week lows Monday, as several OPEC and non-OPEC ministers met to discuss a pact to kerb oil...
Read moreDetailsHalliburton helping Nigeria locate exact position of oil in inland basins
Halliburton Corporation, the American oil services company, is helping NNPC, the Nigerian national oil company, to provide exact location of...
Read moreDetailsOil rises on weak dollar, Gulf tensions as producers set to meet
Oil prices edged higher on a weaker dollar and diplomatic tensions in the Gulf, but Brent held below the $50...
Read moreDetailsUAE energy minister hopes global oil markets begin to tighten in H2
Suhail bin Mohammed al-Mazroui, the United Arab Emirates Energy Minister, Friday said he hopes global oil supplies will start tightening...
Read moreDetailsTaleveras says international standards guide third party oil trading contracts
Taleveras, the Nigerian based international oil trading company, Tuesday night said its involvement in third party oil trading contracts are...
Read moreDetailsEcuador breaks OPEC unity, announces rise in oil output to raise revenue
Ecuador has dealt a blow to OPEC unity by announcing it will start raising oil production this month, arguing it...
Read moreDetailsExxon, Chevron downgraded at Wolfe on weak outlook for crude
Exxon Mobil Corp. and Chevron Corp. had their recommendations cut at Wolfe Research as the outlook for oil prices deteriorates....
Read moreDetailsNigeria state oil company says its refineries now produce 60% of domestic kerosene
The Nigerian National Petroleum Corporation (NNPC) has announced that its three refineries in Port Harcourt, Warri and Kaduna now supply...
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