Local giant Seplat grows in Nigeria’s oil and gas sector
Local giants in the sector have emerged over the past decade in...
Oil and Gas
Saudi Oil Export prices jump in October due to higher oil prices
Non-oil exports increased by over 25%...
ADNOC Drilling and Helmerich & Payne sign framework agreement to enable growth
The agreement will advance ADNOC Drilling's land rig operational performance, and support...
Saudi crude oil exports rises to the highest levels since April 2020
Crude oil export increases to 6.833 mn barrels per day (bpd)...
OPEC+ to stay cautious as oil market surplus comes in December
OPEC+ is gradually unwinding record production costs observed in 2020 by raising...
High oil demand might dampen recovery: OPEC
The regulatory body expects oil demand to average 99.49 million barrels per...
Amid climate change concerns, global fossil fuel use accelerates
Global temperatures could rise by more than 3°C and the world economy...
Petrobras’ production in the third quarter up by 1.2%
Oil production down by 4.1% when compared to the same period last...
Oil prices hit their highest levels since 2014 as demand recovers
Brent crude oil futures rose 87 cents, or 1%, to $85.73/ barrel...
Demand for natural gas in Arab countries is growing at 4.8% annually
The demand for natural gas in the wider Arab region is currently...