Energy

Nigeria withdraws $1.1 billion claim against Eni on oilfield deal

Nigeria is withdrawing civil claims totalling $1.1 billion against Italian energy group Eni and related to allegations of corruption in a oilfield deal, Bloomberg...

Tullow Oil trims output forecast, but raises cashflow outlook

West Africa-focused Tullow Oil on Wednesday cut its 2023 production forecast for a second time, mainly due to delays to its Jubilee oilfield's southeast...

Oil climbs as IEA lifts demand growth forecast

Oil prices edged higher on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts, adding to bullish sentiment from the previous...

Nigeria restores 275,000 bpd production at TotalEnergies JV

Nigeria's state oil firm NNPC Ltd said on Sunday it had restored 275,000 barrels per day (bpd) of oil production at its joint venture...

Oil set for third weekly decline as Middle East conflict concerns ebb

Oil prices were up slightly on Friday but are set to fall for a third week as concerns of supply disruptions from the Israel-Hamas...

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