IEA advocates reduction in global reliance on oil & gas despite $4 trillion industry growth
By Innocent Obasi The International Energy Agency (IEA) has urged countries around the world to lessen their reliance on oil ...
Wednesday, June 10, 2026
Tag: Oil & gas
China approves 85% loan to facilitate Nigeria’s $2.6bn gas pipeline project
By Onome Amuge China has granted approval of the 85 percent loan needed to fund the $2.6 billion ...
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 ...
Oil prices fall as crude build-up offsets hopes for U.S.-China trade talks
Oil prices fell on Wednesday, pulled down by a larger-than-expected build-up in U.S. crude stocks, after gaining for three straight ...
Dangote: Nigeria will soon be exporting rice
The Dangote Group has pledged to change Nigeria’s narrative as a rice importing nation, to a major exporter of the ...
NNPC saves over $3bn from arbitration
By Moses Obajemu The Nigerian National Petroleum Corporation has saved over $3bn from arbitration, Mele Kyari, the oil firm’s group ...
We may have to worry about peak oil demand soon
By Mudashir Tunde A peak oil demand might continue to result in its rise in value for the next ...
IEA predicts oil glut in 2019
The global oil market is to experience a glut throughout 2019, as heightened exploratory activities lead to increased output in ...
Upswing in crude futures not yet ‘mission accomplished’- Saudi oil minister
Khalid al-Falih, Saudi Arabia's energy minister, warned oil traders Friday that a dramatic upswing in crude futures was little reason ...
Japaul Services signs $350 million financing agreement with Milost Global
Paul Jegede, Group Managing Director of Japaul Oil & Maritime Services Plc Japaul Oil and Maritime Services Plc. have signed a ...
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