The Federal Executive Council (FEC) meeting presided over by Acting President Yemi Osinbajo has approved a…
Tag: oil
NEITI wants transfer of $3.95bn oil savings to Sovereign Wealth Fund
The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for the transfer of all the country’s…
Oil extends gains as Saudi pledges export curbs
Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month…
Oil extends gains as Saudi pledges export curbs
Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month…
Oil rises after Saudi vows to cap crude exports next month
Oil rallied on Monday, erasing early losses after leading OPEC producer Saudi Arabia pledged to cut…
South Korea eyes trade hub, eases oil terminal rules
South Korea is in the process of easing blending restrictions at its oil storage terminals as…
Oil falls on report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite…
Oil falls on report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for…
Taleveras denies lifting oil through Omokore’s company
Taleveras, a Nigerian energy firm, has debunk media reports that it lifted oil from its production…
Strong gasoline demand lifts oil, but high OPEC supplies temper gains
Oil rose on Wednesday, supported by strong demand for gasoline, but rising output from OPEC producers…
Strong gasoline demand lifts oil, but high OPEC supplies temper gains
Oil rose on Wednesday, supported by strong demand for gasoline, but rising output from OPEC producers…
FG urged to unlock oil, gas potential
General Manager, Downstream Gas, Chevron Nigeria/Mid-Africa, James Okereke, has urged the Federal Government to unlock the…