Oil prices edge up on Wednesday with traders uncertain over a planned OPEC-led oil production cut,…
Tag: oil
Senate summons Kachikwu over $95bn oil deal
The Senate on Tuesday invited the Minister of State for Petroleum Resources, Ibe Kachikwu to throw…
Oil will get Nigeria out of recession – Kachickwu
The Minister of State for Petroleum, Ibe Kachikwu, has advised the newly-inaugurated council on hydrocarbons to…
Senate summons Kachikwu over $95bn oil deal
The Senate on Tuesday invited the Minister of State for Petroleum Resources, Ibe Kachikwu to…
Oil discovery, deep seaport project excite Badagry monarch
The traditional ruler of Apa Kingdom, Badagry division of Lagos State, Oba Oyekan Adekanmi, Ilufemiloye Ajose…
Breach Of Contract: Oil firm sues Trade Minister’s company, others for $249m
An oil firm, Petroleum Zion Exploration and Production Ltd has dragged a company co-founded by Nigeria’s…
Nigeria cancels joint venture cash calls with oil companies, targets $15 billion investments
The Nigerian government has finally announced the cancellation of joint cash call with oil companies operating…
Lagos to get its first 13% oil derivation fund in December
The Governor of Lagos State, Akinwunmi Ambode, has said the state expects to get its first…
Oil majors seeking Norway exit warned shutdown costs may remain
As oil majors are considering exiting Norway, the government is warning them that they could still…
Video: Air force blows up boats conveying ‘stolen’ oil in Rivers
The air component of Operation Delta Safe, the joint task force outfit in the Niger Delta,…
What to watch in oil when Trump moves into the White House
By Julian Lee Some U.S. oil policies are likely to shift significantly when Donald Trump assumes…
Oil rises as investor confidence over US polls boosts risk assets
Oil prices rose on Tuesday ahead of the U.S. presidential election as investors unwound some of…