Oil rebounds from losses but oversupply concerns remain  

Oil rebounded on Tuesday after falling by up to 10 percent in one week, but investors…

We will resolve oil workers’ issues – Kachikwu

  Minister of State for Petroleum Resources,Ibe kachikwu, has assured that all issues raised by oil…

Oil price falls on improving supply outlook, economic worries

Oil prices fell on Thursday as the prospects for supply improved while the economic outlook darkened,…

Nigeria’s oil earnings dip by 34.1% in Q1, 16

Nigeria’s earnings from crude oil and gas, Petroleum Profit Tax (PPT) and Royalties declined by 34.1…

Court ruling could cast shadow over Brazil’s offshore oil sector

A Brazilian appeals court has ruled that a Liberian mortgage is invalid for a Brazilian-owned oil…

Oil eyes $50 per barrel as outages, global stocks rally

Oil rose to six-month high near $50 per barrel on Tuesday boosted by investors demand for…

Earnings from oil revenue down to 35 per cent, says AGF

Nigeria currently earns only 35 per cent of what it used to earn from oil, the…

Oil price falls from 2016 high

Oil prices fell Thursday on profit-taking, after New York crude reached the highest level this year…

China indicates more interest in Nigeria’s oil, gas

Consul-General of the People’s Republic of China in Lagos yesterday expressed his country’s growing interest in…

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