By OBINNA EZUGWU Another pipeline in the early hours of Sunday, exploded at Satellite Town, Abule Ado Area of Lagos State, throwing residents of the area...
The American Petroleum Institute (API) estimated on Tuesday a large crude oil inventory build of 6.407 million barrels for the week ending March 6, compared to...
Oil prices lower as the coronavirus is dampening demand from China. This comes as investors turn to safe assets, causing gold to climb past $1,600 for...
After months of intense search, Nigeria’s Federal government has finally announced discovery of one billion barrels of crude oil in the northeast region of the country....
Former Minister of Power, Professor Frank Nebo, has said that there is indeed something quiet faulty, if not insane in the operations of the electricity power...
By Our Correspondent Former Minister of Power, Professor Frank Nebo, has said that there is indeed something quiet faulty, if not insane in the operations of...
Brent crude futures LCOc1 had slid 30 cents, or 0.5%, to $63.67 a barrel. West Texas Intermediate crude CLc1 was at $58.24 a barrel, down 34...
…insists Nigeria has no debt problem Nigeria’s Finance and National Planning Minister, Mrs Zainab Ahmed has disclosed that the $3 billion loan being sought by the...
The Nigerian Ministry of Petroleum Resources and the Infrastructure Concession Regulatory Commission (ICRC) will be partnering to develop the oil sector through Public Private Partnerships (PPPs)....
