Oil fell as a U.S. drilling revival undermines the potential for OPEC output curbs to rebalance…
Tag: oil
Shell’s 17 onshore oil licences to expire by 2019
About 17 Niger Delta onshore Oil Mining Leases (OMLs) belonging to the Shell Petroleum Development Company…
Nigeria can achieve 40bn barrels oil reserves by 2020 – NAPE
The Nigerian Association of Petroleum Explorationists (NAPE) on Wednesday said that Federal Government has the capacity…
Oil prices falling again — sink to 3-month low
Oil prices are on the decline again, and this time, they have fallen to a three-month…
Oil firms linked to Diezani ally Omokore breached $1.6 billion contractual agreement-NPDC MD
The managing director, Nigerian Petroleum Development Company Limited (NPDC), Yusufu Matashi, on Thursday told Justice Nnamdi…
House Committee says indigenous oil coys must flourish in lifting crude
The House of Representatives Adhoc Committee on Review of Pump Price of Petrol on Friday expressed dissatisfaction with the allocation…
‘$10b yearly investment in oil, gas coming’
The Federal Government plans to attract $10 billion investment into the oil and gas industry yearly…
Nigeria’s growth drops, oil raises hopes for end to recession
Nigeria’s battered economy suffered a year-long contraction in 2016, official data showed Tuesday, but the oil…
Reps summon Emefiele over alleged $17 billion undeclared oil sales
The House of Representatives ad hoc Committee investigating the alleged stolen $17 billion oil and gas…