The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.
Brent crude prices are inching up from $70 per barrel to a newly forecasted $75/b by Q3, the EIA has said in its latest Short Term Energy Outlook released on Tuesday.
BP plans to boost its oil production to 2.3 million to 2.5 million barrels per day by 2030. The company said it plans to announce "major" oil and gas projects that will start by late 2027.
Heirs Energies, Africa’s fast-growing indigenous integrated energy company, has joined other stakeholders to discuss ways of ramping up oil production in Nigeria. The company recently hosted its ...
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However, bragging aside, this company takes itself very seriously and prides itself on its artisan approach to motor oil production. It is heavily invested in its research and development ...
Oil. Some call it black gold or Texas tea. Well, one guy in one TV theme song did. The oil industry has had a massive impact on the world. Unsurprisingly, it’s also been part of many a movie and ...
Eggheads and industry stakeholders will today converge on the Transcorp Hilton, Abuja, to chart a pathway for increased production in the country’s crude oil production. The Leadership forum ...
The Khana oil field is expected to begin production by the end of 2026, as part of a strategy that depends on cutting-edge technology to discover and exploit resources more efficiently.
The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, has outlined efforts and plans of the administration to achieve Nigeria’s ambitious target of increasing oil production to 4 ...
The group includes the 12 members of OPEC, the longstanding group set up to coordinate oil production to stabilize markets, plus 10 more significant oil-producing nations with Russia by far the ...
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