Okwy ONYIA LAGOS-THAT Nigeria depends on crude oil for about 90% of her foreign earning is no longer news. What is even more significant is the...
Crest OKAMGBA with Agency Reports ABUJA-THE Persian gulf nation of Qatar said it will leave OPEC next month, a rare example of the toxic politics of...
Modupe ASUDO with Agency reports LAGOS- Saudi Arabia is aiming to cut oil production in order to boost prices, but the recent vote by the U.S....
Crest OKAMGBA DUBAI– Weir Oil & Gas Dubai announced today it has signed a multi-year contract in Iraq totaling more than $4 million USD with a...
Crest OKAMGBA with Agency reports In just one month, everyone stopped talking about $100 oil, but In six weeks, oil prices slid into a bear market...
Crest OKAMGBA ABUJA- NIGERIA’s Minister of State for Environment, Ibrahim Jibril, has disclosed some of the plans by the Federal Government for the Ogoni Land Clean...
Crest OKAMGBA with Agency reports LAGOS-THE U.S. agreed to grant waivers to eight countries importing Iranian oil, seemingly backtracking a policy to cut Iran’s oil exports...
Crest Okamgba with Agency reports LAGOS-The U.S. confirmed that it granted waivers to eight countries, allowing them to continue to import oil from Iran for the...
Crest OKAMGBA ABUJA-THE Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has challenged Nigerian engineers to come up with technologies to...
By Crest Okamgba and Modupe Asudo THE Egina Floating Production Storage and Offloading, FPSO, the world’s largest vessel of its kind has since sailed to its...
