Venezuelan oil minister Eulogio Del Pino on Friday said global oil inventories remain too high and…
Category: News
Oil rises to $55 as Saudi supply cut, hurricane damage refineries
Oil-markets on Friday saw Brent crude supported by Saudi Arabia hoping to cut October supplies, while…
Man jailed three months for stealing rail clips
The Apapa Magistrates’ Court on Wednesday sentenced a 25-year-old man, Mohammed Jamilu to three months in prison after…
FIRS sensitizes freight forwarders on VAIDS
The Federal Inland Revenue Service (FIRS) has urged clearing agents and freight forwarders to take advantage…
Court adjourns suit on detention of 16 Chinese arrested for illegal mining
The Plateau High Court IV on Thursday adjourned to September 14 the hearing of a case challenging the…
Trump offers to mediate in Qatar crisis
US President Donald Trump offered on Thursday to mediate in the crisis between Qatar and its…
Afreximbank offers $300m to private investors in equity
The African Export-Import Bank (Afreximbank) is offering up to $300 million in depositary receipts to private…
Buhari needs to urgently sign petroleum varsity law, says IYC
By Jite Eriabie The Ijaw Youth Council (IYC) worldwide has appealed to President Muhammadu Buhari to swiftly assent…
NNPC, ExxonMobil plan increased crude output
The Nigerian National Petroleum Corporation (NNPC) and ExxonMobil, its upstream joint venture partner, are seeking new…