Suspected oil rebels attacked a gas pipeline in Nigeria’s restive south, breaking a fragile truce between…
Tag: oil
Nigeria hopes for oil upturn after economy shrinks again
Nigeria’s economy stayed in recession in the first quarter and shrank more sharply than thought at…
Oil rises on expectations of extended OPEC-led production cut
Oil prices rose on Friday as traders expected OPEC-led production cuts to extend beyond the middle…
Oil rises on low US inventories, Saudi cuts to Asia
Oil prices rose on Thursday, with benchmark Brent crude trading at $50.92 a barrel after a…
Oil rises on low US inventories, Saudi cuts to Asia
Oil prices rose on Thursday, with benchmark Brent crude trading at $50.92 a barrel after a…
Oil rises after U.S. inventories drop, but extra supplies weigh
Oil prices rose on Wednesday after a larger-than-expected fall in U.S. crude inventories but failed to…
Oil prices rise on expectations of output cut extension
Oil prices rose on Monday on a growing conviction that an OPEC-led production cut initially scheduled…
NSCDC secures 24 years’ conviction for 4 oil thieves
The Nigeria Security and Civil Defence Corps (NSCDC), Edo Command, says it has secured 24 years’…
Six soldiers killed in new clash in Nigeria’s oil hub – Army
At least six Nigerian soldiers have been killed in new military campaign against militants in the…
Modular refineries will make Niger Delta hub of oil business – Boroh
The Coordinator, Presidential Amnesty Programme, Retired Brig.-Gen. Paul Boroh, says the Niger Delta region will soon…
Oil cut deal now at 98% compliance level, says OPEC
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) says the historic oil cut deal reached in November/December…