Senate probes poor state of refineries
The Senate has begun a probe into what it described as the poor state of refineries the nation’s. According to the Senate despite $25
Coronavirus: Nigeria’s N2.64tn proposed oil revenue under threat
The federal government’s oil revenue projection for 2020 may be badly hit by the coronavirus outbreak in China which has sparked
Experts highlight profit possibilities amidst Finance Act investment disincentives to oil and gas industry
Policies to be implemented with the Finance Act 2020 will not attract investors to the nation’s the oil and gas sector, at least
Oil prices rise despite impact of China virus on fuel demand haunting the market
Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the week amid worries that a
Refineries posted N123.3bn loss in 10 months – NNPC
The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from
China coronavirus could push oil down by $3
The outbreak of a coronavirus in China that is now an international threat could cut oil demand by 260,000 bpd, which would translate
Subsidy may rise as fuel marketers demand higher margins
The federal government may have to spend more on petrol subsidy as oil marketers in the country have called on the Petroleum Products
Global oil and gas discoveries hit four-year high
The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest
Another war looming? What will happen to oil prices
The world needs to remember how prices for US crude oil spiked $10 per barrel overnight as fighting began in the second war in Iraq.
Oil prices fall as Russia touts easing OPEC+ output
Oil fell on Monday after Russia said an OPEC-led pact may consider easing output cuts next year, but prices held near recent