…to privatize 5000 km oil pipelines network ….as state-owned refineries become autonomus by 2018 By Yemie ADEOYE ABUJA-THE Federal Government has expressed its readiness to raise...
By Yemie ADEOYE LAGOS-THE demand for OPEC crude is expected to rise by 1.2 million barrels per day to average 30.8 million barrels per day for...
By Drake LAWHEAD LAGOS-HEADING into 2016, oil and gas pundits are finding little to cheer as fears of a ‘super-glut’ of global supply combined with decelerating...
ABUJA — The Nigerian National Petroleum Corporation, NNPC, weekend, reduced the prices of Nigeria’s crude oil grades — Bonny Light and Qua Iboe — to their...
By Kunle KALEJAYE LAGOS-Nigeria may be in for a terrible financial quagmire as the price of Brent oil drops below $50, for the first time since...
HOUSTON, TX-Nigeria, Africa’s Biggest Economy may be geared for tougher times as its crude oil supply schedules for January and February, 2015 seems to be currently...
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 ...
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...
LAGOS-OPEC’s oil production is unlikely to change much in 2015 and there is no need to panic at the crude price drop, OPEC’s secretary general said...
