Oil accounts for about 90% of Nigeria's exports, and crude earnings were set to fund 56% of this year's budget. Nigeria’s revenue from crude oil is currently being threatened, as one of its importers, ...

Walcot Limited has signed a landmark Production Sharing Contract (PSC) with the Angolan National Agency for Petroleum, Gas, ...

SPIE Global Services Energy, a subsidiary of SPIE, the independent European leader in multi-technical services in the areas ...

Concerns about the impact of a tit-for-tat trade war on global growth and demand for oil sent Brent crude prices plummeting ...

Crude oil futures trade flat near key support and resistance levels. Demand fears, trade policy, and China imports create a volatile oil setup.

A major drop in crude oil prices in recent weeks, mainly driven by tariffs of U.S. President Donald Trump, will squeeze budgets of emerging market (EM) ...

A sustained drop in the price of oil could undermine recent progress on economic reforms and even reverse progress in Nigeria, analysts have said. This is a steep drop in crude oil prices largely due ...

NAIROBI/LAGOS (Reuters) -A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze ...

A severe drop in crude oil prices, linked to U.S. President Donald Trump’s tariffs, is straining the budgets of oil-exporting emerging markets, while importers may see limited benefits. Key exporting ...

A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could ...

Walcot Group signs a production sharing contract in Angola, securing oil blocks with billion-barrel potential, boosting African energy sector.

The Walcot Group, a prominent Nigerian oil firm, has announced the successful bid for three oil blocks in Angola, containing ...