The oil shale revolution defeated: The US is cutting production despite rising prices
American companies continue to cut production and drilling activity despite the growth in oil prices. The data published on Friday
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World
COPL’s GBP600k loan and equity sharing agreement terminated
Canadian Overseas Petroleum Limited (“COPL” or the “Company”) (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and
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Nigeria to go into economic recession – Fitch Ratings
One of the top rating agency in the world, Fitch Ratings has downgraded Nigeria’s credit rating to B from B+
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NUPENG Distributes Sanitisers, Safety Gears to Members
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has distributed hand sanitisers, safety gears to tanker drivers and
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Coronavirus shock: Spike in Naira exchange rate evokes recession sentiment
Covid-19 is fast shutting down windows of economic opportunities Nigeria needs to implement its 2020 N10.6trillion budget to create a
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Producers Shut 19% Of Gulf Of Mexico Oil Output As Storm Looms
Oil and gas producers have shut 19 per cent of oil production and 11 per cent of natural gas production
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U.S. Overtakes Russia, S. Arabia As World’s Largest Oil Producer – EIA
The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year,
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New Study Says China May Reach its Emissions Goal Early
A new study by researchers in the United Kingdom has revealed that China may have reached a key emissions target
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International Homebuyer Activity in US Down by 21%
Rising home prices and low inventory led to a decline in foreign home purchases in the United States, World Property
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Russia to Phase Out Oil Export Duty by 2024
Russian President Vladimir Putin has signed separate laws that phase out Russia’s crude oil export duty and to introduce a
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