Friday, April 17, 2026
Oil falls on fears of second coronavirus wave
Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from...
Read moreDetailsOil trader owes $9 million after starting the day with $77,000
By Zerohedge.com The April 20 historic oil price crash that sent the prompt May WTI contract plunging to the unheard...
Read moreDetailsFG will offer small oil fields for licensing – NNPC
The federal government will offer marginal oil fields for auction this year despite the crash in crude oil prices, Mele...
Read moreDetailsOil prices fall as rising U.S. inventories reassert supply concerns
Oil prices fell on Wednesday, ending a multi-day streak of gains, as investors focused on oversupply risks after U.S. crude...
Read moreDetailsNigeria’s oil crisis compounded as India’s fuel demand crash by 60%
In what may have compounded Nigeria’s energy crisis, India, the country’s largest importer of crude oil, reported a 60% slump...
Read moreDetails1,000 NNPC graduate trainees begin work on Monday
More than 1,000 graduate trainees recently recruited by the Nigerian National Petroleum Corporation are to assume duty from Monday, May...
Read moreDetailsRivers youths protest planned relocation of Shell to Lagos
Members of Rivers Youths State Federation protesting against alleged relocation of SNEPCO to Lagos, on Friday. Youths under the aegis...
Read moreDetailsIndia’s refiner shuns Nigeria’s crude oil in Q1
India’s Reliance Industries, owner of the world’s biggest refining complex, saw its imports of Nigerian crude oil slump to zero...
Read moreDetailsOil crash may warrant production halt, says NNPC
Nigeria has not stopped producing crude oil but a persistent crash in oil prices may lead to a halt in...
Read moreDetailsFG pays N200bn to offset Gencos’ gas bill
The federal government has in the past two to three days paid over N200bn for power supply in Nigeria,Mele Kyari, ...
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