Tag: oil
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Oil Prices Spike As Producers Announce Shocking Output Reductions
Oil prices rocketed Monday as major producers shocked the market with a surprise supply cut of more than a million barrels per day. Equities...
Two African Banks Have Invested $16 Billion In Oil And Gas Projects
The African Export Import Bank (Afreximbank) and the African Finance Corporation are investing roughly $16 billion in oil and gas projects throughout Africa (AFC).
The...
As exports begin at the Forcados facility, Nigeria’s rig count can increase
According to the most recent information provided by the Organization of the Petroleum Exporting Countries, Nigeria's poor oil production output persisted last month and...
The Niger Delta Changing Narratives
Aside from being perceived as backward and degraded, occasioned by crude oil exploration, exploitation and production, Niger Delta region means different things to different...
As Buhari Signs PIB into Law, Security Expert Warns, Northern Nigeria Needs Jobs Not Oil Production
Security experts have started to warn that oil production in Northern Nigeria will worsen the already deplorable security, political and socio-economic situation in the...
