0Energy

March 14, 2020

The largest independent oil trader in the world, Vitol Group, is discussing the purchase of Venezuelan crude oil from a Mexican firm
0Energy

March 13, 2020

Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1­ to 792, with the total oil and gas rigs
0Frontpage

March 13, 2020

The Nigerian central bank will be unable to maintain the naira’s value for much longer as a slump in oil prices drains foreign
0Energy

March 13, 2020

The management of the Nigerian National Petroleum Corporation has retired about 40 group general managers and general managers at the
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
0Frontpage

March 12, 2020

With the steep fall in crude oil prices this week, Nigeria and other members of the Organisation of Petroleum Exporting Countries are
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 10, 2020

Amid tumbling prices of crude oil, the federal government is set to cut the country’s 2020 budget. President Muhammadu Buhari will get