3,000 Sacked As Multinational Oil Companies Pull Out
Punch / Nigeria: The Nigeria Union of Petroleum and Natural Gas Workers on Wednesday issued a 21-day ultimatum…
Nigeria Cuts Oil Prices, Sees ‘Huge Cargo Overhang’ In Market
Bloomberg: Nigeria cut the price of every type of crude it sells in an effort to regain share…
Oil Traders Push Nigeria To Cut Prices Amid Militant Attacks
Bloomberg: Crude traders are pushing Nigeria’s state oil company to lower the official price at which it sells…
Nigeria Seeking Contact With Militants To End Insurgency
Reuters: Nigeria is talking to oil companies and seeking to make contact with the leaders of militant groups…
Islamic State Loses Control Of Last Oil Wells In Iraq, Says Oil Ministry
Reuters: Islamic State militants no longer control any oil wells in Iraq after being ousted by government forces…
OPEC Agrees To First Oil Output Cut In Eight Years
Bloomberg: OPEC agreed to a preliminary deal that will cut production for the first time in eight…