Conoil offers N1.39bn dividend payout from impressive 2019 financial performance
Omobayo Azeez On the back of its positive performance across major metrics in 2019, Conoil Plc has proposed the payment of N1.39
Nigeria’s Conoil HY18 profit jumps 29 percent
Conoil Plc. has recorded a profit before tax growth of 29 percent to N809.78 million for the period ended 30th June 2018, according to
Nigerian bourse, NSE, lifts trading suspension on Conoil shares
The Nigerian Stock Exchange has lifted the trading suspension placed on the shares of Conoil Plc. The bourse had on Monday placed the
Ambush on Nigeria oil researchers subdues hopes of quick economy recovery
An attack by Islamist militants on an oil exploration team in Nigeria’s northeast has hurt the government’s ambition to find new crude
OPEC oil output jumps to 2017 high on further Libya recovery
OPEC oil output has risen this month by 90,000 barrels per day (bpd) to a 2017 high, a Reuters survey found, led by a further recovery
Oil 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 per barrel level that was
Nigeria oil thieves keep a lid on output even as bombs abate
The Agbada 2 flow station should have been buzzing with activity, pumping crude to one of Nigeria’s largest export terminals. Instead,
U.S. drilling costs rise as active rig count climbs
U.S. oil and gas exploration and production companies are paying more to hire drilling rigs as the number of idle rigs declines after
Oil near $44 as Saudi Arabia’s output increase raises doubts
Oil futures were little changed in New York, trading near $44 a barrel following a report that Saudi Arabia exceeded its agreed-upon
Libya oil output at 4-year high loosens OPEC grip on supply
Libya’s oil production has climbed to more than 1 million barrels a day for the first time in four years, further complicating OPEC’s