Thursday, April 25, 2024
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Tag "SHALE"

Report: Chevron to dump Nigerian oil fields

    Report: Chevron to dump Nigerian oil fields

Chevron is reportedly making plans to sell some of its Nigerian oil assets and focus on growing its shale production in the United States.

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Fitch affirms Nigeria at B+, dollar steady

    Fitch affirms Nigeria at B+, dollar steady

  Fitch Ratings has affirmed Nigeria’s long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ with a negative outlook. While B+ is encouraging as the nation continues to recover, the

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Shale oil ‘to flood’ market if crude hits $40

    Shale oil ‘to flood’ market if crude hits $40

The economic woes bedevilling many OPEC countries may just have begun, as US shale oil producers plan to increase output if crude oil price hits $40. This could force crude oil

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