Nigeria To Raise Oil Production By 2m Barrels
The Organisation of the Petroleum Exporting Countries and its allies appear set to increase their combined oil production by about ...
Tag: Oil
Oil Prices Climb To $73, After Two Years
Oil prices, yesterday, hit their highest levels in more than two years on the back of economic recovery and the ...
US fuel pipeline ‘paid hackers $5m in ransom’
A major US fuel pipeline has reportedly paid cyber-criminal gang DarkSide nearly $5m (£3.6m) in ransom, following a cyber-attack. Colonial ...
Colonial Pipeline: US fuel firm resumes service after cyber-attack
The operator of the biggest fuel pipeline in the US announced it would resume operations on Wednesday evening after a ...
OPEC Lifts Global Oil Price for Fifth Consecutive Month
The average global crude oil prices have continued to rise for the fifth consecutive month, the Organisation of the Petroleum ...
Oil Prices Drop As OPEC+ Likely To Increase Oil Supply Soon
Oil prices dropped by more than a percent at the close of the second trading session of the week. This ...
Oil Prices Hit $60 per Barrel as Iraq, Kazakhstan Slashes Output
The price of oil has risen to $60 per barrel in the international market as Iraq and Kazakhstan commit to ...
Shell Recorded $21.7bn Loss in 2020 As Covid-19 Halved Global Demand
Royal Dutch Shell recorded a net loss of $21.7 billion in 2020, the oil giant announced Thursday, as the coronavirus ...
