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Monthly Archives: June, 2021

Tullow drills two more wells at Jubilee field

Tullow Oil has announced the drilling of two more wells at Jubilee field – oil production and water injector wells – so far this year, in...

Nigeria senate presents oil overhaul bill to full chamber for passage

A week before the latest deadline to pass Nigeria's long-awaited oil overhaul bill, demands for big changes, including from community leaders seeking an increased...

Green copper demand to average 13% annual growth over next 10 years – report

As the pace and shape of the green transition is fast becoming one of the key themes for the global economy, copper will experience...

“Don’t let fool’s gold fool you,” scientists say

A team of researchers from Curtin University, the University of Western Australia, and the China University of Geoscience have discovered that tiny amounts of...

Nigeria signs deal to buy 20% stake in Dangote refinery

The Nigerian National Petroleum Corporation (NNPC) has signed term sheets with Dangote Group to buy a 20% stake in the company’s oil refinery under...

Oil falls 2% on rising COVID-19 cases, ahead of OPEC+ talks

Oil prices fell 2% to a one-week low on Monday after hitting their highest since 2018 earlier in the session, as a spike in...

Man’s world: Are women in artisanal mining still a ‘bad omen’?

When it comes to the issue of representation of female artisanal and small-scale miners (ASMs), there are a few recurring trends that are key...

Possible oil supercycle would improve Nigeria’s foreign reserves

Talks of $100 oil have started resurfacing. Banks including JPMorgan, Goldman Sachs and Barclays have recently reiterated their long-term bull case for oil or...

Nigeria accidentally discovers gas while searching for oil

Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, says the country has “accidentally” discovered 206 trillion cubic feet of gas reserves while searching...

Can the Caspian Still Compete for Upstream Capital?

The Caspian region – home to 6 million barrels of oil equivalent per day of liquids and gas production – has been near the...

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