
The Nigerian economy has been struggling with many headwinds this year, which have stunted growth, as the government tries different measures to stimulate growth. Mr. Johnson...

Oil prices slipped on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has slowed to a trickle since the start...

Oil prices rose on Friday but pulled back sharply from early highs on concerns that continued spread of the novel coronavirus could stall the United States’...

The Organisation of Petroleum Exporting Countries (OPEC) and its allies in the Declaration of Cooperation, called OPEC+, has set June 22 as the deadline for a...

Oil prices rose slightly Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned...

The Organisation of Petroleum Exporting Countries (OPEC), has commended the Norwegian government for its support in ensuring global oil market stability. Dr Mohammed Barkindo, OPEC Secretary-General,...

Management of the Nigerian National Petroleum Corporation (NNPC), says it has directed all its partners and suppliers to bring down their cost to between 30 and...

By Bamike Bamidele Meles Kyari, group managing director of Nigeria National Petroleum Corporation, NNPC, has clarified the recent price surge. He said the recent oil price...

By ADEBAYO OBAJEMU French oil and gas giant, Total’s Egina will bear the largest burden of cuts as Nigeria makes an effort to achieve full compliance...