Oil

Oil prices rose on Thursday, extending a recent surge that put Brent briefly above $120 a barrel fes signs of progress towards ending the U.S.-Iran conflict and reopening the Strait of…
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Ajiya Ayuba The State Minister for Petroleum Resources, Senator Heineken Lokpobiri has said that Oil and Gas remains the most important source of income globally. Lokpobiri said…
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Following his endlessness love, show of caring and passion for service to humanity in Nigeria, the Chief Executive Officer, CEO, of L.M.C Oil & Gas Nigeria Limited, Chief Charles…
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Dangote Oil Refinery has thrown its weight behind the Nigerian Content Development and Monitoring Board (NCDMB) to promote the critical issue of Research and Development (R&D) in…
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Rabiu Omaku Nasarawa State Governor, Engr Abdullahi Sule has called for patience amongst the people of Keana Local Government Council of the State following the discovery of oil in the…
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Ministers of the OPEC+ countries agreed in a video conference on Sunday to boost oil prices by cutting production by 9.7 million barrels a day for May and June, Mexico’s Energy Minister…
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The Nigeria Extractive Industries Transparency Initiatives says Nigeria earned $21 billion  from the oil and gas sector in 2017. NEITI disclosed this in its 2017 oil and gas industry…
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Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and…
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Senate President Bukola Saraki has alleged that there is massive fraud within the oil sector. In an interview with Channels Television’s Seun Okinbaloye, the lawmaker said applying…
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The US unleashed its “toughest ever” sanctions against Iran on Monday, a move that has already sparked mass protests in the oil-rich nation. The Trump administration reinstated…
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