BY Habeeb Ahmed, with agency report. Norwegian junior PetroNor E&P has completed its acquisition of a key stake in the Aje

BY HABEEB ADAMU   Oil giant Shell has suspended plans to sell its onshore oil assets in Nigeria in compliance with a Supreme

BY HABEEB ADAMU & GRACE AIRHULE   The National Oil Spills Detection and Response Agency (NOSDRA) has blamed the oil wellhead

BY MADUABUCHI EFEGADI A former secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, has

BY HABEEB ADAMU Global oil demand will rise more than 2 percent to a record high of 101.6 million barrels per day (bpd) in 2023, the

BY CHISOM NWATU Nigeria’s crude oil production lost 1.53 percent to an average of 1.219 million barrels per day (mbpd) in the month of

BY SUNNY CHUBA NWACHUKWU The global energy equation is drastically changing its beats along sources of the supply chain to the high

BY: CHISOM NWATU Nigeria’s federal government has said it is important for the continent to form an African Energy Bank (AEB) to put

By Charles Abuede   Rates credit profile B2 negative Economy severely hit by Covid-19, oil price shocks   Nigeria’s credit

BY: Moses olajuwon Obajemu Oil prices steadied on Tuesday, hanging on to gains from the previous session thanks to high compliance