Nigeria Seeks To Overturn $11 Billion Damages Bill Over Failed Gas Project
Nigeria was the victim of “a campaign of bribery and deception” over a collapsed gas…
Category: Oil&Gas
Upstream Spending To Rise To $485 Billion In 2023
Over the past three years, the majority of U.S. energy companies have avoided spending big…
Oil Prices Fall But Remain Buoyed By China Outlook
Oil prices drifted lower in early trade on Monday, thinned by the Lunar New Year…
Wabote Emerges Leadership Local Content Champion of The Year
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Big Oil’s Good Times Set To Roll On After Record 2022 Profits
The West’s top energy firms are expected to rake in a combined record profit of…
OPEC Expands Control Of Oil Markets As Shale Growth Stalls
After a decade of exponential growth, the U.S. shale patch is no longer the…
Oil Prices Slip As Markets Await Demand Forecasts, Economic Clarity
Oil prices fell on Monday after a sharp rally last week, as traders turned cautious…
Crude Oil Continues To Climb On China Reopening Optimism, U.S. CPI
Oil prices rose Thursday, climbing for the sixth consecutive session on optimism over China’s demand…
Low-Carbon Investments To Rise By $60 Billion In 2023 As Inflation Weakens
…hydrogen and CCUS spending surges Spending on low-carbon projects will increase by $60 billion…
Report: EU Sanctions On Crude, Products Could Cost Russia $300 Million Per Day
Once new European Union restrictions on Russian oil products come into force on February 5,…