The Russian subsidiary of Google on Wednesday said it planned to file for bankruptcy after authorities held its bank account, thus making it difficult for the...
The UN General Assembly on Wednesday adopted overwhelmingly, a resolution that “demands” Russia “immediately” withdraw from Ukraine, in a powerful rebuke of Moscow’s invasion by a...
BY EMEKA EJERE The Nigerian economy is doing well compared to the economies of South Africa, Russia and other countries in recession, minister of Information and...
Lukoil, the second-largest oil producer in Russia, plans to slash its crude oil production by 18 percent, or by 290,000 bpd, as part of the new...
Global oil production cuts could end up rising to 20 million bpd, including forced reduction of output such as already underway in the United States, the...
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...
By BUKOLA LONGE Nigeria’s 2020 budget estimate appears threatened as oil prices crashed below $50 on Friday, after the Organisation of Oil Exporting Countries (OPEC) failed...
United States President, Donald J. Trump has mocked rival, Russia over the country’s failed missile test, noting that the US was learning from the failed experiment....
The Organisation of the Petroleum Exporting Countries (OPEC) and the non-member countries of the organisation (OPEC+) on Tuesday signed a draft `Charter of Cooperation’ in a...