Huge downside risks for Nigerian economy over Russia-Ukraine conflict, says CPPE
BY: ONOME AMUGE Russia’s invasion of Ukraine has serious implications for the Nigerian economy which is likely to worsen if the
Nigeria should make economy globally relevant, LCCI power chief
BY: ONOME AMUGE Despite being portrayed in the news as an antagonist in its current conflict with Ukraine, Russia’s economic
OPEC+ achieves 95 percent compliance with oil cuts in July-Report
BY: Moses olajuwon Obajemu Compliance with OPEC+ oil output cuts stood at 95 percent and rose to 97% in July, according to OPEC+
Oil slides below $45 as supply rises
BY: Moses olajuwon Obajemu Oil edged further below $45 a barrel on Friday, giving up some of this week’s gain, under pressure from
OPEC+ to discuss deeper oil cuts on Thursday: Iraq minister
OPEC and its allies will discuss whether there is a need for deeper cuts in oil production when they hold a ministerial meeting on
Global demand for Russian-built nuclear power plants rises
Russia’s state nuclear corporation Rosatom expects to sign foreign contracts worth $26 billion this year for the construction
OPEC suggests sustained alliance with Russia, non-producers for market stability
Mohammed Barkindo, OPEC Secretary-General suggested Monday that the oil group may continue its alliance with Russia and other non-OPEC
EU aims 2025 Balkans expansion to check Russia, China rising influence
The European Union has indicated that it hopes to add some of the continent’s poorest countries to its bloc in order to check the
U.S set to overtake Russia, Saudi Arabia as world leading oil producer.
United States is in a strong position to overtake countries such as Saudi Arabia and Russia as the world’s leading energy
OPEC, Russia to extend oil production cuts until end of 2018
OPEC and Russia are ready to extend their oil production cuts until the end of next year to ensure global stockpiles keep falling and