Nigeria’s state oil firm issues crude oil contracts expected to last for two years
Nigeria's state oil company, Nigerian National Petroleum Corporation (NNPC), has issued crude export contracts that are expected to last two ...
Friday, April 17, 2026
Tag: Oil and Gas
Global oil price may hit $100 per barrel next year on disruptions of production, export in Venezuela, Iran
The collapsing oil production in Venezuela and potential export disruptions in Iran could push the price of Brent crude as ...
Oil prices slip over speculation on US sanctions against Iran
Oil prices dropped to a low for the first time in about three and half years over speculations of a ...
Oil bursts above $70, threatens economy
The price of crude oil has not been above $70 a barrel since 2014. It reached that point today. The ...
NNPC committed to end fuel importation, names firms to finance refineries rehabilitation in June
The Nigeria state oil company will, in June, announce names of the selected companies that will finance the rehabilitation of ...
Oil prices dip as prospects of sanctions against Iran thickens
Oil prices dipped on Monday following supply concerns amid prospects that the United States could reimpose sanctions on Iran, while ...
Oil giant BP names former BG Group and Statoil boss as new chairman
BP, world's leading integrated oil and gas companies, has named Helge Lund, an energy industry veteran, as its next chairman, succeeding Carl-Henric Svanberg. ...
Shell earnings in Q1 2018 rise 42% on soaring oil, gas prices
Royal Dutch Shell on Thursday announced that its profits rose in the first three months ended 31 March 2018, backed ...
Oil’s surge mainly about demand, not OPEC
By Jason Schenker U.S. President Donald Trump took to Twitter late last week to seemingly blame OPEC for making oil prices “artificially Very High.” ...
Brent oil hits $75.20, highest since November 2014
Brent Oil rose to fresh 3.5 year highs in the Asian session on expectations of fresh US sanctions against Iran ...
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