Global Oil Demand To Rise By 1.3mbpd In 2024 –IEA
The International Energy Agency(IEA) has reviewed its oil demand growth projections, disclosing a rise of about 1.3 million barrels a ...
Tag: Oil
Nigeria’s Economy Still Mono-product As Crude Oil Dominates 81% Exports
Despite converted efforts to diversify Nigeria's economy, the country remains heavily reliant on crude oil, with over 80 per cent ...
Nigeria Among Top 3 Countries With Highest Oil Discovery In 2023
Nigeria has been named among three top countries in terms of highest oil reserves discovered owing to 2023 investments. Others ...
Global Players Predict Oil Prices Staying At $100/b
Actions being taken by the Organization of Petroleum Exporting Countries, OPEC, is steadily predicted to keep oil prices rising over ...
Analysts Foresee Oil Prices Hitting $100 A Barrel Before End Of 2023
Oil industry analysts have predicted that Brent prices could hit $100 by the end of this year as the new ...
Vandalising Oil
About a fortnight ago, it was all over the news that Angola overtook Nigeria to emerge as top African crude ...
Inaccurate Measurement, Not Theft Responsible For 40% Crude Losses – Federal Govt
Approximately 40 per cent of the volumes credited to crude losses in the Nigerian petroleum industry are attributable to measurement ...
I Am Supportive Of Oil Discovery In North-East, Says Peter Obi
Labour Party (LP) presidential candidate in the 2023 general election, Mr. Peter Obi, has stated that his administration, if voted ...
Petroleum Explorationists To Drive Discussions On Africa’s Oil, Gas Modernisation
Petroleum explorationists, through the Nigerian Association of Petroleum Explorationists(NAPE) will help drive important discussions around how Africa can modernise oil ...
17 Marginal Oilfields Producing In Nigeria – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that 17 marginal oilfields are currently producing out of 30 fields ...