0Energy

March 13, 2020

Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told
0Energy

March 12, 2020

Acting Director-General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk, yesterday, has called for emergency measures to
0Energy

March 12, 2020

Africa’s richest man, Alhaji Aliko Dangote is set to diversify his business empire by venturing into the oil sector. The billionaire
0Energy

March 11, 2020

The Saudi Energy Ministry has told Aramco to increase its oil production capacity to 13 from 12 million bpd, the company’s chief
0Frontpage

March 9, 2020

The international oil benchmark, Brent crude, which stood at $45.72 per barrel on Sunday, has slumped to $33 per barrel. Oil prices
0Frontpage

February 20, 2020

The nation’s crude oil reserves of 37 billion barrels, two per cent of which is being produced annually, will be depleted in 49 years,
0Energy

January 16, 2020

Nigeria’s crude oil production fell to a record low of 1.57 million barrels per day last month, the Organisation of Petroleum
0Energy

December 11, 2019

The American Petroleum Institute (API) has estimated a crude oil inventory build of 1.41 million barrels for the week ending December
0Frontpage

November 7, 2019

As per a verifiable reports from the Nigeria Executive Industries Initiatives, around $41.9bn worth of crude oil and refined products
0Frontpage

Businessam StaffSeptember 19, 2019

Oil prices rose sharply on Thursday, supported by supply risks as the market assesses the fallout from last weekend’s drone attacks on