Nigeria, Niger plan joint refinery, to sign agreement soon
Nigeria and Niger have concluded plans to establish a new oil refinery to meet the petroleum products needs of the two ...
Sunday, March 15, 2026
Tag: Oil & gas
Nigeria’s crude account held $2.32bn as of Jan 15
Nigeria’s excess crude account stood at $2.317 billion as of Jan. 15, a state governor said on Thursday. The figure ...
Pressure rising on OPEC to develop long-term output plan
The battle between OPEC and shale oil producers can be characterized as a two-round fight. In the first round, shale ...
Brent crude soar above $65 bpd for first time since 2015
Global benchmark Brent crude oil prices jumped above $65 per barrel for the first time in 2 1/2 years after ...
Oil trades near $56 after slump as U.S. gasoline stockpiles gain
Oil held losses near $56 a barrel after falling the most in two months as U.S. gasoline stockpiles expanded more ...
Marketers demand clamp down on private depots as fuel scarcity looms
Marketers of petroleum products have demanded a clamp down on the private depot in Apapa over alleged total disregard by ...
OPEC, Russia to extend oil production cuts until end of 2018
OPEC and Russia are ready to extend their oil production cuts until the end of next year to ensure global ...
Russia expects OPEC to reach oil-cut deal as group meets in Vienna Thursday
Alexander Novak, Russia’s Energy Minister expects OPEC and its allies to reach a decision on Thursday, Nov. 30 to extend ...
Oil prices poised for a pullback after OPEC announces its output cut decision this week
Market watchers see few opportunities for oil prices to rally, but plenty of room for them to fall, after a ...
OPEC in the dark about shale as annual growth forecasts from 300,000 bpd to 1.7m
OPEC will have to decide whether to extend global oil cuts without knowing whether they’re triggering a new flood of ...
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