OPEC’s battle against an oil glut is under threat as unsold crude from members Nigeria and…
Tag: oil
Oil falls for second day as concern grows over supply
Oil fell for a second day on Thursday to hit one-month lows after an unexpected surge…
Oil falls for second day as concern grows over supply
Oil fell for a second day on Thursday to hit one-month lows after an unexpected surge…
Two security guards docked for stealing oil worth N225,000
Two security guards were yesterday arraigned before an Apapa Magistrates’ Court for allegedly stealing 600 litres…
Oil slides as U.S. climate withdrawal compounds glut concerns
Brent crude tumbled below $50 on Friday, heading for a second straight week of losses, on…
Oil firms get more funding from banks in Q1 in 2017-NBS
Latest figure released by the National Bureau of Statistics (NBS), in its first quarter 2017 selected…
OPEC action on supply: Oil price remains unstable
Oil prices remained unstable on Monday as increases in U.S. drilling activity undercut an OPEC-led push…
Nigeria’s greatness lies in its human capital, not oil – Ezekwesili
A former Minister of Education, Oby Ezekwesili, says Nigeria’s greatness will emerge through human capital development programmes…
Prices fall as OPEC extend oil deal for fresh 9 months
The Organisation of Petroleum Exporting Countries (OPEC) says it has agreed to extend oil production cuts…
Suspected oil militants attack Niger Delta pipeline
Suspected oil rebels attacked a gas pipeline in Nigeria’s restive south, breaking a fragile truce between…
Trump’s budget proposes selling off half of U.S. oil Stockpile, kills offshore oil revenue sharing among Gulf states
The White House plan to trim the national debt includes selling off half of the nation’s…