According to the Wall Street Journal, the United Kingdom, Brazil and Nigeria are the nations with…
Tag: oil
Oil hits eight-month high as producers say market rebalancing
By Jite Eriabie Oil prices rose on Monday to their highest in eight months after major producers said…
Aiteo shuts down NCTL over oil leakage
Aiteo Eastern Exploration and Production Company on Friday said that it had shut down the Nembe…
NNPC searches for oil in Sokoto Basin
By Our Correspondent The Nigeria National Petroleum Cooperation (NNPC) has began the process that will lead…
US Coast Guard says Harvey spilled 22,000 barrels of oil, chemicals
More than 22,000 barrels of oil, refined fuels and chemicals spilled at sites across Texas in…
Oil will soon lose its value, Osinbajo tells Niger Delta leaders
Vice President Yemi Osinbajo on Tuesday asked the people and investors in the Niger Delta region…
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…
Oil up after Harvey fallout; Hurricane Irma heads into Caribbean
Oil prices rose on Wednesday as strong global refining margins and the reopening of U.S. Gulf…
Militants vow to resume attacks on oil facilities Sept 10
A group, which calls itself Coalition of Niger Delta Agitators, has said it will renew attacks…
Sea robbers steal oil from anchored tanker in Lagos
Armed sea robbers have boarded a tanker and stole some oil from the ship while it…
Kachikwu says Nigeria’s oil production fell below 1.8m bpd in July
Nigeria’s oil production, excluding condensates, was slightly below 1.8 million barrels per day in July, the…