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Oil & Gas

Oil Set for Second Weekly Gain as U.S. Output Continues…

Editor May 20, 2016
Oil is heading for a second weekly advance as U.S. crude production continued to decline and firefighters defended…
Oil & Gas

Nigeria Oil Output Slumps Further as Exxon Pipeline…

Editor May 13, 2016
Nigeria’s oil production has dropped again as a third major crude-export facility was disrupted, this time by…
Oil & Gas

Oil could end year at $50-60/bbl say analysts but is…

Editor May 12, 2016
Brent oil is trading at a high of $47.90 a barrel this morning after it emerged that the International Energy…
Oil & Gas

SA’s Transnet seeks Nigerian presence

Editor May 12, 2016
South Africa’s Transnet SOC Ltd. is interested in bidding for pipeline projects in East Africa and proposed getting…
Oil & Gas

Nigeria oil infrastructure threatened by cuts to amnesty…

Editor May 9, 2016
Official warns on state’s plan to slash budget for payments to former Delta militants The Nigerian government’s…
Interview

I want to be remembered as someone who speaks truth to…

Editor May 9, 2016
Sanusi Lamido Sanusi, Emir of Kano, relieves his encounter with former President Goodluck Jonathan on the day he…
Interview

NPA keys into diversification of the economy to engender…

Editor May 9, 2016
As a slowdown in trade activities continues to eat deep into the revenue of the Nigerian maritime sector, Habib…
Power

Expert advocates establishment of energy bank, tax cut

Editor May 4, 2016
 Yusuf Suleiman, a renewable energy entrepreneur, has advocated the establishment of a special bank for…
Oil & Gas

Saudi Arabia targets $2trn oil IPO

Editor Apr 25, 2016
Saudi deputy crown prince Mohammed Bin Salman confirmed the Kingdom is looking at a listing of less than 5 per cent…
Oil & Gas

Vitol, says oil price has bottomed out

Editor Apr 25, 2016
Oil markets are signaling that prices have bottomed out even as growth in demand for crude is forecast to slow this…
Oil & Gas

Oil stays above $45/bbl as market steadies

Editor Apr 21, 2016
Brent Crude is trading at 45.72 $/bbl this morning after capping gains from yesterday when it reached five months…
Oil & Gas

Oil steady at $43.69 on Kuwait strike

Editor Apr 19, 2016
Brent crude is holding steady at $43.69 this morning as the oil workers strike in Kuwait and the resulting sharp…
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