Oil prices saw a rebound on Thursday for both US March crude futures and March Brent futures, both closing up $2 or more, and while the official numbers for Thursday’s OPEC basket price are not in, it has been on the rise since the start of February. Although the slight rise is good news, it […]

We all know what large firms do when oil prices drop, we have seen it in recent weeks; cut spending and cut employees. But what do you do when you are a small indigenous firm running on a shoestring to begin with and staff cuts really are not possible? According to one Nigerian firm, “combine.” […]

Chariot Oil & Gas is one company who is sure of where it stands in relation to the impact of the recent crash in oil prices. The company has positioned itself well and believes it can withstand the current market conditions, a significant feat for a company of its size when companies with larger budgets […]