President Muhammadu Buhari has presented the 2020 appropriation bill with total expenditure of N10.73 trillion…
Tag: oil
Senate approves MTEF, raises oil benchmark to $57
The Senate has approved the 2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper…
Iran says tanker oil sold at sea, buyer sets destination
Iran’s envoy to London said on Wednesday the oil cargo of tanker Adrian Darya 1…
Ship owner, master face trial for dumping oil off Australia
A shipowner and a master are facing trial after being accused of discharging around 90…
Iran sells off oil on tanker seized by Gibraltar
Iran has sold the oil on the tanker which was detained by Royal Marines off…
U.S. exempts oil majors from Venezuela sanctions
After the U.S. president signed an Executive Order on August 5 blocking all Venezuelan government property…
Gibraltar detains oil supertanker heading to Syria
Gibraltar said on Thursday it had detained the supertanker Grace 1 on suspicion of carrying crude…
Oil rises towards $65 on fears of U.S. attack on Iran
Oil prices rallied towards 65 dollars per barrel on fears of a U.S. military attack on…
Ghanaian, 8 Beninoise caught stealing oil in Lagos
A Ghanaian and 8 Beninoise has been arrested for alleged theft of Petrol Motor Spirit (PMS)…
Saudi shuts major oil pipeline after drone attacks
Drone attacks claimed by Iran-aligned Yemen rebels shut down one of Saudi Arabia’s major oil pipelines…
Uganda awaits pipeline, refinery construction to begin oil production
Uganda’s Energy Minister, Irene Mulonion, on Wednesday, said until the landlocked country builds a crude export…