Joseph BAMIDELE CHICAGO IL,-OPEC’s market-share war is inflicting more pain than the world’s top tier of oil producers have felt in at least 13 years. Chevron...
…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...