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Shell’s Pipeline Spills 213 Barrels of Oil in Bayelsa

The Shell Petroleum Development Company of Nigeria LTD (SPDC), has recorded a spill of 213 barrels of crude oil in Ikarama Community of Okordia...

JEN Canada Honours Lee Engineering CEO, Ikpea

Executive Chairman and Chief Executive Officer (CEO) of Lee Engineering and Construction Company Limited, Chief Dr. Leemon Ikpea (the Odonlagbon of Warri Kingdom, Delta...

Will U.S. Shale Trigger Another Oil Price Crash?

By Tsvetana Paraskova A year after the pandemic and the disagreement within OPEC+ over supply management crushed oil prices, the industry finds itself at an...

Outage: FG Apologizes As Eight Power Plants Break Down

The Minister of Power, Sale Mamman, on Thursday, apologized over power outage in various parts of the country. According to him, outages are due to...

The World Still Needs Hundreds Of Billions Of Barrels Of Oil

By Haley Zaremba Has peak oil demand already come and gone? That’s an exceptionally hard question to answer. There are some experts that say unequivocally, yes....

Concerns For Nigeria As 7 European Countries End Export Finance For Fossil Fuels

Boost Renewable Funding Seven countries in Europe have committed to a plan that will see them stop public export guarantees for...

OPEC+ Compliance With Oil Cuts In March Largely Due To Saudi Arabia – IEA

The alliance of the OPEC+ oil producers was able to achieve the 113 per cent oil cuts agreement reached last month largely due to...

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