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Oil and Gas
Oil prices closed lower on Friday as Saudi Arabia’s efforts to restore disrupted crude flows
The Saudi Defense Ministry said Thursday air defenses intercepted a ballistic missile targeting the Red Sea port of Yanbu and reported a drone impact at a key oil refinery as regional tensions escalate.
The US Energy Information Administration (EIA) has raised its average oil price forecast for 2026, citing heightened geopolitical tensions and disruptions to oil shipments through the Strait of Hormuz.
President Bola Tinubu has approved a targeted fiscal incentive designed to unlock the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project.
Dangote Refinery’s Petrol Price Adjustment: Market Realities Behind the Hike The recent adjustment in petrol…
Brent Crossed $83 as Iran Blocks Oil Shipping Channel Brent crude crossed $83 per barrel…
Dawes Island Oil Field Secures $109m Funding From REIN Capital Dawes Island Marginal Oil Field…