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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…
BP records $4.4bn quarterly loss as oil prices crash
BP on Tuesday said it slumped into a $4.4-billion net loss in the first…
Global oil price benchmark slumps to $19
The global oil price benchmark, Brent crude, has extended its decline, plummeting to $19…
Covid-19 Lockdown: PENGASSAN suspends industrial action after Rivers free 21 oil workers
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended planned…
Nigeria joins OPEC to cut crude oil production
The Federal Government on Friday said crude oil price would rebound by at least…
Shell declares force majeure on Nigerian Forcados crude
Shell has declared force majeure on exports of Nigerian Forcados crude oil after a…
Coronavirus: If Nigeria explodes world will wish it intervened, says CNN anchor
American journalist, political scientist, and CNN anchor, Fareed Zakaria, says the world cannot afford…
COVID-19: Gombe loses N800m to dwindling oil price – Labour
Musa Mohammed, the Gombe state Chairman, Nigeria Labour Congress (NLC) has called on civil…
Oil price crash: N’Assembly, Executive to cut down N10.59trn budget for 2020
The Senate, on Tuesday, has said that a cut to the N10.594 trillion budget…
Oil Exploration: Alkaleri Council warns village heads against sale of land
District and Village Heads in Alkaleri Local Government Area of Bauchi State have been…
Saudi Arabia, Russia price war crashes oil price to $33 in 11 hours
Oil fell by the most since 1991 on Monday after Saudi Arabia started a…
Pastor sells holy oil to protect members against coronavirus
A man of God has claimed he has a holy oil that can protect…
Nigeria’s economy grew 2.55% in Q4
Nigeria’s economic growth rose to an annual rate of 2.55% in the three months…
UK prosecutor makes fresh attempt to confiscate millions of pounds stolen by Ibori from Delta
A British prosecutor launched a fresh attempt on Thursday to confiscate tens of millions…