Shell restarts Prelude offshore project after a year
The development comes at a time when economies such as China has...
Oil and Gas
NNPC seeks funds worth $1 billion to revamp Port Harcourt refinery
The repayment is expected to be completed over seven years through deliveries...
OPEC directs Nigeria to cut crude oil production for three months
The OPEC has set 1.829 million barrels per day as the production...
Investment in Canadian oil sector to grow exponentially this year
The combined investments in oil sands operations and conventional oil and gas...
Russia record worst crude oil production slump since 2008 crisis
The country’s crude oil and condensate production has hit a record high...
China sees oil product demand peak in 2025
The country’s oil products are expected to enter a final growth stage...
ExxonMobil pushes to cut carbon emissions after facing criticisms
Exxon aims to cut the intensity of the greenhouse gas emissions from...
Iran sends oil tankers to Venezuela amid US sanctions
About 10 vessels will also assist Venezuelan crude after discharging fuel...
Total plans to sell its stake in Northern Iraq oil field
The oil giant is working with investment banking company Jefferies to carry...
Global oil prices surge ahead of OPEC’s crucial meeting
OPEC has imposed production cuts of 7.7 million bpd this year...