Oil edged further above $55 a barrel yesterday, drawing support from expectations of tighter supply once…
Tag: oil
Oil optimism back as Norway predicts bottom is behind us
The man overseeing energy policy in western Europe’s biggest oil-producing nation says the worst downturn in…
Kachikwu: Nigeria gets $2b extra from oil
The agreement that Nigeria signed with joint venture partners on Thursday will increase the nation’s revenue…
Kachikwu: Nigeria gets $2b extra from oil
The agreement that Nigeria signed with joint venture partners on Thursday will increase the nation’s revenue…
NNPC, oil companies agree to end JVC
The Nigerian National Petroleum Company (NNPC) on Friday signed an agreement to exit the Joint Venture…
Recession: Reps want local vendors in oil, gas sector paid
The House of Representatives on Wednesday called for the payment of local vendors in the oil…
Oil traders prepare flotilla to ship U.S. exports to Asia
Oil traders and major producers are lining up a flotilla of carriers to ship more U.S.…
Oil hits $55.33 per barrel OPEC agreement
Crude Oil rose above 55 dollars a barrel as rising prospects of a tightening market after…
NNPC to increase oil, gas reserves
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has…
Oil prices rise ahead of OPEC meeting
Oil prices rose on Wednesday ahead of an OPEC meeting later in the day, with members…
Oil prices remain high on uncertainty over OPEC-led production cut
Oil prices edge up on Wednesday with traders uncertain over a planned OPEC-led oil production cut,…