Oil futures gained on Monday as traders weighed conflicting reports on how quickly Saudi Arabia will be able to restore its lost production. Futures rose 1%...
Nigeria’s troubled oil export, which has been the cause of all the revenue shortfall challenges in recent times may receive strong boost from unfolding events and...
Governor of Jigawa State, Dr Muhammad Badaru Abubakar, has noted that crude oil, which is currently the mainstay of Nigeria’s economy, will be a worthless commodity...
Nigeria’s president, Muhammadu Buhari has assured the leadership and people of kingdom of Saudi Arabia that the Federal Republic of Nigeria stands in solidarity with it...
Oil prices fell on Tuesday, with U.S. crude futures down 2% after manufacturing data raised concerns about a weakening global economy, while the U.S.-China trade dispute...
By ADEBAYO OBAJEMU The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Wednesday, issued a seven-day ultimatum to Chevron Nigeria Limited to honour an agreement...
Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower...
OPEC is expected to roll over a deal on cutting supplies at a meeting next week and discuss deepening the curbs that have been in place...
The Federal Government has withdrawn oil mining licences (OML) and one oil prospecting licence (OPL) belonging to five companies owned by prominent Nigerians, including the late...
