A court in Singapore has sentenced two men to various jail terms for the roles…
Tag: oil
NEITI: Nigeria earned $741bn from oil, gas in 21 years
Nigeria earned $741.74 billion from sales proceeds and taxes on oil and gas resources in…
Oil surges as Ukraine tensions stoke supply concerns
Brent oil soared to $95 a barrel for the first time since 2014 as political…
Operator produces first oil from shallow-water project off Bayelsa
Nigerian operator First E&P has started oil production from a shallow-water project located offshore Nigeria…
Ship spills fuel oil off Mauritius
Fuel oil has started to wash ashore from the leaking bulk carrier MV Wakashio that…
Oil rises to two-month high amid demand recovery
Oil rose to levels not seen since COVID-19 lockdowns paralyzed the world’s largest economy, lifted…
Buhari: What we earn from oil does not meet our needs
President Muhammadu Buhari says although Nigeria is rich in petroleum resources, the earnings from oil…
Nigeria earned $21bn from oil, gas sector in 2017 – NEITI
The Nigeria Extractive Industries Transparency Initiatives (NEITI) says Nigeria earned 21 billion from the oil…
Two sent to prison in Rivers for illegal dealings in oil
A Federal High Court sitting in Port Harcourt, Rivers State has sentenced Michael Adamu to…
Buhari presents N8.1tr 2020 budget, pegs oil benchmark at $57
President Muhammadu Buhari has presented the 2020 appropriation bill with total expenditure of N10.73 trillion…
Senate approves MTEF, raises oil benchmark to $57
The Senate has approved the 2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper…
Iran says tanker oil sold at sea, buyer sets destination
Iran’s envoy to London said on Wednesday the oil cargo of tanker Adrian Darya 1…