Chevron Reduces Buybacks While Exxon Holds Steady Amid Oil Price Drop
Chevron announced a 30% reduction in share buybacks for Q2, lowering the…
Shell Demonstrates Resilience by Staying the Course During Oil Market Downturn
Shell Plc reaffirmed its commitment to investor returns and capital spending despite…
NipCo Reaffirms Commitment to Safety in Downstream Petroleum Sector
Marking the 2025 World Day for Safety and Health at Work, NIPCO…
ExxonMobil Reports $7.7 Billion Profit in Q1 2025 Despite Decline in Oil Prices
ExxonMobil reported first-quarter 2025 earnings of $7.7 billion, a decline from $8.2…
April Sees Drop in OPEC Oil Output
OPEC's crude oil production dropped by 200,000 barrels per day in April…
Oil Rises Amid Trump’s Sanction Threats
U.S. oil futures rose 1.8% to $59.24 a barrel, ending a three-day…
Resource Deal Struck Between U.S. and Ukraine Following Tense Negotiations
The U.S. and Ukraine have signed an agreement granting the U.S. priority…
Oil Prices Expected to Fall to $66 per Barrel, Says IMF
The International Monetary Fund (IMF) forecasts a decline in oil prices to…
Abuja’s Power Outage Poses Severe Challenges for Businesses in Wuse 2
Wuse 2, a once-thriving commercial hub in Abuja, is facing economic paralysis…
Afreximbank Sets Up $3B Fund for African, Caribbean Oil Imports
Afreximbank has launched a $3 billion financing program to support African and…
