oil
Global oil prices rise after Israel strikes Iran
Global oil prices went up sharply on Friday after Israel confirmed it had carried…
Oil prices rise as Russia hints at OPEC+ policy reversal
Oil prices increased on Friday following comments by Russia's Deputy Prime Minister, Alexander Novak,…
NNPC, FIRST E&P discover major oil, gas reserves in N’Delta
The Nigerian National Petroleum Company Limited and FIRST Exploration & Petroleum Development Company Limited…
Navy seizes 1,400 litres of illegally refined oil in Ondo
The Nigerian Navy has intercepted a boat carrying 1,400 litres of illegally refined oil…
Why Kenyan govt ‘betrayed’ Nnamdi Kanu – IPOB
The Indigenous People of Biafra (IPOB) has revealed the reason the Kenyan government connived…
Oil prices rise on OPEC+ output cuts
Oil prices extended gains on Thursday as the OPEC+ alliance of major producers stuck…
FAAC: Oil producing states receive N31.902bn as FG, States, LGCs share N604bn in October
Mr Aliyu Ahmed, the Permanent Secretary, Ministry of Finance, Budget and National Planning on…
Buhari to send oil reform bill to Senate
President Muhammadu Buhari has signed a long-awaited oil-reform bill and it will be formally…
Oil down after U.S. crude inventories rise against expectations
Oil prices fell on Wednesday after an industry group reported a surprise rise in…
Oil rises after OPEC warn members to stick to quotas
Oil prices rose for the fourth day in a row on Friday, putting crude…
Oil moves higher as storm threatens U.S. Gulf Coast
Oil prices rose on Monday as a tropical storm in the Gulf of Mexico…
COVID-19: DPR expresses concern, admonishes oil companies
The Department of Petroleum Resources (DPR) has expressed concern over non-compliance to established protocols…
Aviation crisis: Oil demand to stay below pre-virus levels before 2022 – IEA
Oil demand is recovering from the greatest fall in its history in 2020, the…
Pirates kidnap 10 oil tanker crew members in Nigerian waters
Suspected pirates on Friday, stormed an oil tanker, MT Vemahope at 116 nautical miles…
UPDATED: BP records $4.4bn quarterly loss as oil prices crash
British energy giant BP on Tuesday said it slumped into a $4.4-billion net loss in the…