LAGOS–Brent crude traded near $70 a barrel, erasing earlier gains as traders evaluated the impact of OPEC’s decision to maintain output at last week’s meeting. West...
YENAGOA-Naval operatives from the Central Naval Command, Yenagoa, Bayelsa State, have arrested nine suspected illegal oil criminals and a vessel laden with 66,000 barrels of oil....
VIENNA-The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has been elected as the first female President of the Organization of the Petroleum Exporting Countries (OPEC) at the...
VIENNA-The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has been elected the first female president of the Organisation of Petroleum Exporting Countries (OPEC). Alison-Madueke was ...
By Yemie ADEOYE GENEVA-FINALLY, The Federal Government of Nigeria appears set to commence the recommendations of th United Nations Environment Program, UNEP, on Ogoni land, in...
Nigeria is not broke, Nigerians are broke’ By Dele Sobowale “Already, some states are having difficulty with the payment of salaries of their workers. Many have issues...
LAGOS-PennWell Corporation, owners and producers of Offshore West Africa Conference & Exhibition, have confirmed that Lonadek will be a Strategic Partner for the upcoming 2015 event,...
ABUJA-Keen on ensuring a hitch-free supply and distribution of petroleum products across the country, especially during the end of year festivities, the Minister of Petroleum...
Transocean Ltd, the owner of the world’s largest offshore drilling fleet, said it was likely to retire additional rigs as the company continued to face pressure...
Price forecasts from the Organization of Petroleum Exporting Countries have never been particularly reliable, so it’s easy do dismiss the latest one — a “constant nominal...
