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Oil & Gas
Oil price stays above $50/b supply shrinking
Oil traded near the highest close in more than 10 months before U.S. government data forecast to show crude…
NLNG not linked to recovery of funds
Nigeria Liquefied Natural Gas (NLNG) has disassociated itself from an erroneous recent report in Nigeria media (not…
Brent on track for highest settle since October
Oil resumed its upward march on Monday as supply disruptions continue to give crude a boost.
Brent crude, the…
Can this massive refinery solve Nigeria’s energy…
Nigeria has a problem: The country is one of the world's top oil producers, but it doesn't have enough gasoline to…
Eni stops 65,000 barrels per day crude production after…
Eni, the parent company of Nigerian Agip Oil Company (NAOC), said the oil firm’s production had been cut short by…
Oando advocates for LPG adoption as World Environment…
In the past few years Nigeria’s leading Oil retailer, Oando Marketing has been at the forefront of creating…
Shale oil producers restart rigs as market improves
Oil explorers put drilling rigs back to work in U.S. fields for only the second time this year as supply and demand…
FG must stop fixing price of fuel, if it wants stability…
Federal Government has been called upon to hands off all issues relating to fuel pricing in the country, if it is…
Oil slides on U.S. rig count rise, economy concerns
Oil prices tumbled more than 1 percent on Friday, extending losses after weekly industry data showed U.S. drillers…
Opec’s ‘fragile five’ find life unbearable at $50 oil
Gulf Opec countries are hailing the return of $50 oil but for their more economically fragile peers the current…
Analysts predict stormy days ahead of OPEC June 2…
Ahead of the 169th meeting of the OPEC Conference in Vienna, Austria on June 2, analysts say unless key issues…
NAPIMS joint venture liability hits $7bn in 5 years
Dafe Sejebor, group general manager of National Petroleum Investment Management Services (NAPIMS), on Tuesday…