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Latest News
Future of the OPEC+ Deal to Become Clear in April, Says Lukoil CEO
Iran, which is under US sanctions aimed at reducing its oil exports to zero, almost…
Crude OilFebruary 15th 2019
Increased Use of Natural Gas Exposes U.S. to Cyber Attacks, FERC Chairman Says
The assistant secretary of the Energy Department’s office of cybersecurity, energy security, and emergency response,…
Natural GasFebruary 15th 2019
Nigeria’s Crude Oil Production Falls to 1.999m bpd
The OPEC’s 14 members pumped 30.81 million bpd in January, down from 31.60 million bpd…
Crude OilFebruary 15th 2019
Nigeria is Oil Dependent, Not Oil Rich
Government borrowing when oil prices were low led to debt.
Crude OilFebruary 14th 2019
EQT Corp. to Pay West Virginia Plaintiffs $53.5M to Settle Royalty Dispute
The settlement is pending before U.S. District Judge John Preston Bailey in the Northern District…
Natural GasFebruary 14th 2019
US Warns India, Other Countries Against Buying Crude Oil From Venezuela
The US has slapped sweeping sanctions on PDVSA with a view to curb Venezuela’s crude…
Crude OilFebruary 14th 2019
NNRC: Nigeria’s Earnings from Oil PSC, Lowest in the World
The NNRC said it was important for Nigeria to quickly pass the Petroleum Industry Fiscal…
Crude OilFebruary 13th 2019
Los Angeles Axes Natural Gas Plans In Favor of More Clean Energy
Los Angeles Mayor Eric Garcetti has announced that the Los Angeles Department of Water and…
Natural GasFebruary 13th 2019
Sentinel to Develop Texas GulfLink Crude Oil Export Terminal
Projected export loading rates will be as much as 85,000 bbl/hr, with a nominal capacity…
Crude OilFebruary 13th 2019
Despite Volatility, First Bank Affirms Support for Nigeria’s Oil Sector
Represented by the bank’s Executive Director, Public Sector, Abdullahi Ibrahim, Adeduntan, also noted that infrastructure…
Crude OilFebruary 12th 2019
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