OPEC’s crude oil production is expected to grow to 32.41 million bpd this year from 31.76 million bpd in 2015, with higher Iranian output accounting for...
Nigeria’s crude oil production is expected to remain depressed through 2017 as a result of militant attacks, the Energy International Administration, the statistical arm of the...
With five warships, 100 gunboats, and a number of fighter jets besieging the Southern Ijaw communities of Delta Monday, President Muhammadu Buhari appears set to hammer...
ANGOLA has overtaken Nigeria as Africa’s biggest producer oil producer in March with a total production output of 1.782 million barrel per day as against Nigeria’s...
FROM an all-time high of $106 per barrel in 2014 to a price crash of $28 per barrel last week, the declining prices of oil has...