Oil prices plunge amid curb on air travel
Oil prices drifted lower at the mid-week trading session in London.
At the time of writing this report, Brent oil futures were down by 1.06%...
Eterna Oil shareholders to sell stakes to new investor
Eterna Plc has announced the decision of some of its shareholders to sell equity holdings in the company to a “new investor.”
In a statement...
Equatorial Guinea intensifies E&P activities in 2021
Equatorial Guinea will see three exploration wells drilled in Trident Energy-operated Block G in 2021, along with refurbishment and well intervention works across other...
Oil prices in highest rise since early March
Crude oil prices rebounded strongly at the fourth trading session of the week. The recent surge seen in oil prices is largely attributed to...
New Market Realities: Super profit era for petroleum over – AEO
Projected market conditions for 2021 do not indicate a return to high commodity prices, implying that the super profit era of petroleum is over;...
Oil prices fall on fears of weak global demand
Crude oil prices fell lower at the mid-week trading session occasioned by fears for soft fuel demand and a potential concern that the energy...
Conoil Plc posts 24.34% decline in Q3 2020 revenues
Conoil Plc reported revenue of N30.65 billion in 2020 Q3 compared to N40.50 billion same period in 2019.
Conoil Plc a Nigerian company that markets...
Reps commend NNPC on gas development
Members of the House of Representatives Committee on Gas Resources have applauded Mele Kyari-led Management team of the Nigerian National Petroleum Corporation, NNPC, for...
Shell to cut 9,000 jobs globally, shifts to clean energy
Anglo-Dutch giant, Royal Dutch Shell Plc, has concluded plans to cut as much as 9,000 jobs globally, including Nigeria, as part of its cost-cutting...
Shell to cut 40% operating costs in Nigeria, Gulf of Mexico.
Royal Dutch Shell has announced that it would focus its operations on Nigeria, Gulf of Mexico, The North Sea and a few others as...
