Following the significant drop in oil price, the Nigerian government is concluding plans to review the oil benchmark for the 2020 budget downward to $20 per...
Senator Ita Enang, Special Assistant to the President on Niger Delta Affairs, has said that the international oil companies operating in the Niger Delta region were...
Oil soared after U.S. President Donald Trump said Saudi Arabia and Russia would make major output cuts, though uncertainty swirled over the volume of curbs and...
Oil prices are on pace to register their worst quarterly performance on record, as the coronavirus pandemic continues to crush global demand for crude. A public...
Earlier, SEPLAT published its FY-2019 earnings, recording a basic EPS from continuing operations of $0.46 vs $0.26 in 2018. The Energy giant posted a 6.5% y/y...
The Federal Government is contemplating to review the oil benchmark for the 2020 budget from an initial $57 to $30 per barrel due to the impact...
By FELIX OLOYEDE As the number of coronavirus (Covid-19) cases continues to surge in the country, the Monetary Policy Committee (MPC) of the Central bank of...
Oil dropped 11% on Friday, giving back early gains, even as the world’s richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven...
By FELIX OLOYEDE In a move aimed at averting an economic crisis in the country brought about by the coronavirus pandemic ravaging the world economy, the...