Engr. Sarki Auwalu, reaffirmed the Department of Petroleum Resources’ plan to grow oil reserves and increase production capacity through recovery factor by at least 5 percent....
The rising number of countries gradually shifting from fossil fuels and encouraging the adoption of electric vehicles may pose a major threat to Nigeria’s crude oil...
Oil prices tumbled nearly three percent on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions...
Major oil producers have suffered a drop in Oil price, greatly affected by the COVID-19 pandemic, oil prices again went southwards on Tuesday, with experts forecasting...
The World Bank will stop financing oil and gas exploration and extraction from 2019, it announced Tuesday at a climate summit seeking to boost the global...
The price of crude oil rose further Thursday exceeding $68 per barrel, its highest since May 2015, supported by unrest in Iran and raising concern about...
