Faced with a population boom that has sent carbon emissions soaring and stretched power supplies to breaking point, oil-rich Nigeria...
Read moreDetailsNigerian energy firm Forte Oil plans to sell its upstream services and power businesses in Nigeria and divest from Ghana...
Read moreDetailsOil prices rose on Thursday, fuelled by expectations the United States will re-impose sanctions against Iran, a decline in output...
Read moreDetailsRoyal Dutch Shell on Thursday reported a 42 percent rise in first-quarter profit, its highest in over three years, boosted...
Read moreDetailsOil prices on Wednesday fell back from more than three-year highs reached the previous session, as rising U.S. fuel inventories...
Read moreDetailsOPEC As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding...
Read moreDetailsOPEC Secretary-General Mohammad Barkindo said Friday that the cartel was not seeking to artificially drive oil prices higher in spite of...
Read moreDetailsOil prices were set for a second consecutive week of gains on Friday, buoyed by tightening supplies and continued support...
Read moreDetailsTrump U.S. President Donald Trump on Friday criticized OPEC for output reductions that have helped raise oil prices and said...
Read moreDetailsAn improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier...
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