Adebayo Obajemu Nigeria has for a fairly long time been pumping crude oil quite below the quota allocated to her in the ongoing OPEC+ cuts, as...
Adebayo Obajemu Crude oil hit first weekly decline in six weeks as Brent crude closed at $38.73 a barrel, while U.S crude oil futures settled at...
By ADEBAYO OBAJEMU As Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari surely approximates the legend that ‘uneasy lies the head that wears...
Bayelsa State Government has expressed concern over the decline in revenue from the Federation Account arising from the global COVID-19 crisis, saying the economy of states...
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 rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the...
The Minister of State for Petroleum Resources, Chief Timipre Slyva, said that about one billion Barrels of Crude oil have been discovered in Northeastern part of...
The West Texas Intermediate Crude Oil market rallied slightly during the trading session on Thursday after gapping higher, as we are now starting to get a...
Nigeria is producing 1.6 million to 1.7 million barrels per day (bpd) of crude oil, the chief operating officer of the Nigerian National Petroleum Corporation said...
