Tuesday, October 27, 2026
Otedola to purchase Forte Oil’s holdings in power business
Femi Otedola, the chairman of Forte Oil Plc, has expressed interest to participate in a divestment opportunity that will see...
Read moreDetailsNigerians consumed 53 million liters/day in 2018-PPPRA
Nigerians consumed an average of 53 million liters/day in 2018, up about 1.5 percent from the previous two years, the...
Read moreDetailsAfrica, Asia and Middle East driving global energy consumption since 1980s-EIA
Asia, Africa, and the Middle East have been identified as the biggest drivers of global energy consumption since the 1980s,...
Read moreDetailsInvestment inflows to Nigerian petroleum industry slow to $7.73 million in Q3 2018
Investment inflow into the Nigerian petroleum industry slowed down in the third quarter of 2018, as foreign capital inflow in...
Read moreDetailsNigeria lost $2.8 billion in oil related crimes in 2018
Oil-related crimes cost Nigeria a $2.8 billion revenue loss in 2018, as attacks on oil installations, maritime crime and piracy...
Read moreDetailsOil prices trade at $59 per barrel, as U.S., Chinese relations seems to be improving
Crude oil futures traded higher on Wednesday, with Brent crude futures were up $1.01 at $59.73 per barrel, while the WTI...
Read moreDetailsOil rises 2 percent on U.S.-China trade talk optimism
Oil prices climbed 2 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world’s...
Read moreDetailsOil prices up on U.S.-China trade talk hopes, OPEC cuts
Oil prices rose gains on Tuesday, supported by hopes that demand may rise more quickly if talks between U.S. and...
Read moreDetailsOil rises for a fifth day as equities stabilise
 Oil prices climbed for a fifth session in a row on Monday, rallying from December’s 18-month low thanks to OPEC...
Read moreDetailsOil prices rose slightly amid reports of slower growth in China.
Oil prices rose slightly today as worries over signs of slower economic growth in China were countered by the Organization...
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