Oil & Gas
The Feed
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Shares in ENI hit by Nigerian corruption probe
Shares in Italian energy giant ENI slid on Thursday after it emerged that the company’s chief executive is being investigated over suspected…
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Oil prices rise in Asia ahead of US stockpiles report
Oil prices rose in Asia Wednesday as dealers awaited the latest US supply report for clues about demand in the world’s top…
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Oil glut: Price falling below $100 triggers panic in OPEC
Oil’s slide below $100 a barrel on Monday adds to financial worries for OPEC members, prompting some in the producer group to…
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Somalia sues Kenya over oil rights row offshore
Somalia filed a suit against Kenya at the U.
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Tension in Ukraine, Iraq and Libya hikes oil prices
Oil prices rose on Tuesday on geopolitical tensions in crude producers Iraq and Libya as well as Ukraine, a key conduit for…
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Oil prices fall on easing concerns over Libya, Ukraine
Oil prices slid lower Monday on easing concerns about conflicts in Ukraine and Iraq and increased output by Libya.
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Reuters: Oil prices too low for Nigeria's needs, OPEC members too
A Reuters survey of members of the Organisation of Petroleum Exporting Countries, OPEC has shown that oil prices are now too low…
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Shell ready to sell 4 oil blocks, Dangote shut out
Shell, the Anglo-Dutch oil giant, has taken a major step towards announcing the multi-billion pound sale of four onshore oil blocks in…
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Crude oil: Nigeria has 20 unsold cargoes for September
Close to 20 Nigerian cargoes remained unsold for September loading but the figure of available barrels was likely higher with some non-end…
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Forte oil half year profit doubles
Pretax profit at Nigeria’s Forte Oil more than doubled to 4.
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Fun as the National Museum of Unity, Ibadan, at 50, celebrates culture, peace, and national cohesion