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Same old cruel lies to justify fuel price hike

11:11am, Monday, 29'th Nov 2021 National Daily Nigeria
By Farooq A. Kperogi Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company Limited, Malam Mele Kyari, said on November 23 that the Buhari regime will inflict yet another pain at the pump by jacking up petrol prices to N340 per liter in February 2022. If this materializes, it would be the The post Same old cruel lies to justify fuel price hike appeared first on National Daily Newspaper .

Continued Oil Price Reduction Commentary Expected

10:27am, Monday, 29'th Nov 2021 Rigzone
Rigzone''s regular energy prognosticators look at expected U.S. Government moves, OPEC+ reactions and more.

Guyana needs its oil to be a blessing

09:10am, Monday, 29'th Nov 2021 Guyana Times
Dear Editor, The Peoples Progressive Party/Civic (PPP/C) Government is committed to governing Guyana in the interest of all Guyanese as outlined in its 2020 elections manifesto. Let me remind the APNU/AFC Opposition leaders that continue to spread propaganda across this nation that Guyanas wealth is for all the people of Guyana, irrespective of their ethnicity. [] The post Guyana needs its oil to be a blessing appeared first on Guyana Times .

Dead cat bounce for oil?

08:41am, Monday, 29'th Nov 2021 Forexlive
Oil up 5% on the day after the 13% plunge on Friday Oil prices are back up in trading today as the risk trades are bouncing back after having been beaten up quite badly at the end of last week. By Justin Low
According to Novak, despite the energy transition process, Russia is confident in the possibility of selling its oil and gas reserves

Gov. Nyesom Wike, Security Agencies and Oil Theft

07:56am, Monday, 29'th Nov 2021 Business And Maritime West Africa
Oil theft has been part and parcel of Nigerias oil business for many decades now. Much noise has been made about it. Efforts by past and present governments to combat the criminal acts had often failed for obvious reasons. Researches undertaken to get to the root of the menace had often identified a sophisticated network protected by the countrys security agencies. Nyesom The post Gov. Nyesom Wike, Security Agencies and Oil Theft appeared first on businessandmaritimewestafrica .
Rolling coverage of the latest economic and financial news Introduction: Asia-Pacific markets have dropped on Omicron fears Airline stock hitbut Europe set to rally as oil recovers What does appearance of Omicron variant mean for the double-vaccinated? On Friday, FTSE 100 hit by biggest fall since June 2020 amid new variant fears Covid live news: Omicron variant detected in Canada as Japan closes borders to new foreign arrivals Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. After their biggest losses in a year on Friday, stock markets appear to be stabilising as investors seek more information about the Omicron variant that is prompting some governments to bring in new travel rules, and could threaten the global recovery. Continue reading

ASX energy shares on watch after Omicron sparks oil price crash

08:12pm, Sunday, 28'th Nov 2021 The Motley Fool Australia
Energy shares looks set to be hit hard by Omicron The post ASX energy shares on watch after Omicron sparks oil price crash appeared first on The Motley Fool Australia .
ANC-linked Thebe Investments has a stake in Shell SA and the government stands to win big if the company strikes oil
There are signs that demand may be weakening in some markets going in to the winter months in Asia and Europe, said Mike Muller, the head of the Asia unit at Vitol, the worlds biggest independent oil trader

Pipeline developers ask damages

06:27am, Sunday, 28'th Nov 2021 Northwest Arkansas Democrat-Gazette
Developers of Keystone XL are seeking to recoup more than $15 billion in damages connected to President Joe Biden''s decision to yank a permit for the border-crossing oil pipeline even after construction began.
Kaieteur News The Joe Bidens administration has recommended an overhaul of the nations oil and gas leasing programme to limit areas available for energy development and raise costs for oil and gas companies to drill on public land and water. The long-awaited report by the Interior Department stops short of recommending an end to []

Deadly Oil Spillage: Aiteos Two week delay and need for Sanctions

02:55pm, Saturday, 27'th Nov 2021 Politics Nigeria
For over two weeks, the people of Nembe, a coastal area in oil-rich Bayelsa state, suffered yet another disaster one that threatened the livelihood of over 130,000 residents. Over the years, oil spillages have destroyed their environment, aquatic life, as well as air and water pollution but this time, it was worse with far-reaching The article was originally published on Politics Nigeria .

Oil''s Black Friday: Algos and options turn a tumble into a crash

02:12pm, Saturday, 27'th Nov 2021 Business Standard
What happens next depends on whether the direst predictions for Omicron''s impact are realized
The global stock market plunged on Friday as it reopened after Thanksgiving. European stocks saw their biggest fall in 17 months and oil prices fell by $10
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