*Petrobras Rio De Janeiro — The chief energy transition officer of Brazil’s Petrobras said on Thursday the state-run oil company may invest in solar power, buying assets or starting from scratch, as it looks to […]
*Oil prices London — Oil prices fell for a second straight session and were headed for a weekly decline of more than 3% on Friday, as a higher-than-expected interest rate hike in Britain and warnings […]
*L-R: OGFZA Managing Director, Sen. Tijjani Kaura;Governor Siminalayi Fubara; Deputy Governor, Prof. Ngozi Odu; and OGFZA General Manager, Mr. Adekunle Ajayi, at the Government House, Port Harcourt Mkpoikana Udoma Port Harcourt — The Managing Director […]
*US oil refinery. Houston — U.S. crude oil refining capacity has reversed two years of declines and climbed by more than 100,000 barrels, to 18.1 million barrels per day (bpd), according to a government report […]
*Oil spill impacted farm Mkpoikana Udoma Port Harcourt — Fresh oil spill from a facility operated by the Shell Petroleum Development Company of Nigeria Limited, SPDC, has again rocked Eteo community in Eleme Local Government […]
*Newly deployed Commandant of NSCDC in Rivers State, Basil Igwebueze Mkpoikana Udoma Port Harcourt — The newly deployed Commandant of the Nigeria Security and Civil Defence Corps in Rivers State, Basil Igwebueze, has affirmed his […]
Chief Executive of oil producer Rosneft Igor Sechin attends a meeting with Russian President Vladimir Putin at the Novo-Ogaryovo state residence outside Moscow, Russia February 15, 2021. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/File Photo – Sechin proposes […]
*Falling oil prices. Tokyo/Beijing — Oil prices slipped on Tuesday after China cut benchmark lending rates less than some expected, sowing further concern over the oil demand outlook in the world’s largest crude importer. Brent […]
Hector Igbikiowubo Lagos – Oil and gas industry observers have expressed huge concern over what they have described as “ambiguous reporting on Nigeria’s crude oil production over the years”, which has created room for all manner […]
*Crude oil vessel. – Says 2.4mb of oil illegally exported to the US between 2011 and 2014 Lagos — A group of Nigerians working across borders have initiated moves to institute a class action lawsuit […]
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