An index tracking global prices for a basket of staple foods fell 1.6%, driven by significantly cheaper sugar and vegetable oils.
Global food commodity prices fell in January, led by sharp declines in sugar and vegetable oils, the Food and Agriculture ...
BP at one point pledged to cut oil and gas production by 40% by 2030. But it was forced to review the decision after rising costs and lower-than-expected returns. It has since said it would return ...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...
U.S. oil and gas companies are using automation and outsourcing to reduce their workforce, despite record production levels. The oil and gas industry is not expected to see job growth, and wages ...
NIGERIA’s crude oil production has not improved in the last four years despite the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) doubling the country’s oil rig count to 32. The NUPRC chief ...
The Minister of Agriculture and Food Security, Abubakar Kyari, revealed this to State House Correspondents at this year’s first edition of Meet-The-Press organised by the Presidential ...
The African Energy Chamber (AEC) anticipates a significant surge in African oil production in 2025, with Nigeria and Angola leading the charge. In its “State of African Energy 2025 Outlook,” the AEC ...
Published Jan. 14, 2025Updated Jan. 21, 2025 For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer ...
NEW YORK, Jan 14 (Reuters) - Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in ...
Nigeria’s daily average oil production rose by 152,000 barrels per day last November 2024. This is according to data sourced from the newly released monthly oil market report by the Organisation ...
Nigeria’s daily average oil production rose by 152, 000 barrels per day last November, according to data sourced from the newly released monthly oil market report by the Organization of the ...
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