FG, others shared N702.058Bn in October as oil earnings dip
Tola Akinmutimi The Federal Account Allocation Committee (FAAC), on Wednesday disclosed that the three tiers of government shared a sum ...
Saturday, April 18, 2026
Tag: Oil and Gas
Oil prices fall below $62pb over lingering trade war
Kenneth Afor Oil price on Tuesday was sold below $62 per barrel, its second fall since the beginning of the ...
SEPLAT announces retirement of Avuru; appoints Roger Brown as new CEO
By Omobayo Azeez Seplat Petroleum Development Company PLC (SEPLAT) has announced that her pioneer Managing Director and later CEO, Mr. ...
Oil prices gain 2% despite rising supplies concerns
Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade ...
OPEC, allies face ‘major challenge’ from competitors’ surging output- IEA
The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said ...
Why we suspend the supply of fuel to neighbouring countries – Customs CG
Hameed Ali, the comptroller-general of Customs, on Tuesday said that the decision to suspend the supply of petrol to communities ...
Growth in global oil demand to slow from 2025 – IEA
Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles ...
Ex-NNPC top officials, firm under probe over N8.1b Bonga oil field judgment
SIX former top officials of the Nigerian National Petroleum Corporation (NNPC) are under investigation for their involvement in the award ...
US-China trade war sees oil rises further above $62
Oil rose further above $62 a barrel on Tuesday, supported by hopes that US President Donald Trump may signal progress ...
US – China trade war sees oil price slip again
The continued trade war between the world two trade giants; US and China on Friday saw crude oil futures fall ...
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