Financial TimesNorway oil fund posts $131bn return for 2017Financial TimesThe world's largest sovereign wealth fund posted one of its biggest returns ever last year as it was boosted by booming equity markets. Norway's $1.1tn oil fund returned 13.7 …

BloombergOil-Rich Nigeria Fuel Scarcity Weighs on Buhari's PopularityBloomberg“Since Nigeria imports a greater share of her fuel needs, the country is at the mercy of global crude oil prices,” said Pabina Yinkere, an energy analyst at Lagos-based Vetiv …

BloombergNigeria's Oil Producers Are Itching to Pump MoreBloombergIraq is building infrastructure to allow a huge increase in capacity, while Iran's oil minister has said the country can produce more almost instantly. An Angolan field will come on …

BloombergWhy Africa's Top Oil Producer Is Low on GasolineBloombergNigeria, Africa's biggest oil producer and a member of OPEC, has suffered fuel shortages over the past few weeks. They complicated transport and hurt economic activity and, in the wo …

Financial TimesBP chief says shale will have limited effect on global oil marketFinancial TimesThere is a limit to how big a role US shale can play in the global oil market, according to the chief executive of BP, who said traditional producers such as Sau …

Oil Price Outlook December 2017Seeking AlphaThis assessment is based on the data in the 2017 BP Statistical Review of World Energy available here. As such it uses that review's definition of oil which is crude and condensate and natural gas liquids, un …

New York TimesShell and Eni to Be Tried Over $1.3 Billion Nigerian Oil DealNew York TimesLONDON — An Italian judge ruled on Wednesday that two of the world's largest oil companies, Royal Dutch Shell and Eni, the Italian company, must go on trial on cha …

ReutersUnfazed by OPEC, Libya and Nigeria seek to boost oil outputReutersOn Saturday, the head of Libya's U.N.-backed government met the head of Libya's National Oil Corp (NOC) and the governor of Tripoli's central bank to discuss how the corpo …

BloombergOil Pares Losses on Optimism OPEC Will Extend Cuts Through 2018BloombergEcuador's oil minister said a committee of OPEC members and its partners would recommend that Libya and Nigeria -- currently exempt from curbs -- freeze output at current …

Mail & GuardianInternational oil giant is 'liable for rights violations' in NigeriaMail & GuardianAmnesty International on Tuesday called for Shell to be prosecuted for allegedly helping Nigeria's military to commit human rights abuses in the o …