UK Court Rules Shell Liable for Legacy Oil Spills in Nigeria
Oil giant, Shell will now face a full trial in London’s High Court in 2027, over allegations that it was legally responsible for legacy oil…
Tag: Oil
African Energy 2025 Upstream African Exploration
Amid Africa’s ongoing exploration and production surge, this year’s African Energy Week (AEW): Invest in African Energies conference will host a dedicated Upstream E&P Track.…
OPEC+ Now Key Stabilizer of Oil Prices
Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that the OPEC+ alliance has become a key stabilizing force for oil prices and the…
Oil Climbs $1 as Price Drop Triggers Buying
Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by OPEC+ to boost output sent…
Saudi Aramco in talks to invest in planned refineries of BPCL, ONGC
Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for…
Oil Slips as Investors Monitor Russia-Ukraine Ceasefire Talks
Oil prices slipped on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase…
Oil Extends Drop as Middle East Push, China Demand Worries Weigh
Oil extended the biggest drop in two weeks as the US said Israel accepted a cease-fire proposal in Gaza, potentially easing supply risks amid mounting…
Oil prices lower after Iran attack on Israel
Oil prices fell on Monday after after Iran’s reprisal attack on Israel over the weekend. Brent crude – a key benchmark for oil prices internationally…