Browsing Category
Oil & Gas
Nigeria finalises fourth-quarter gasoline allocations as…
Nigeria has issued its final allocations for subsidised gasoline imports for the fourth quarter at 1.41 million…
Brent oil eases as focus returns to global oversupply
Oil prices eased, reversing the previous day's gains, as the risk premium stemming from the Paris attacks faded,…
Refineries should be retained by NNPC
That the Buhari Administration will encourage NNPC to hang on to the state-owned refineries is not a bad idea,…
Current glut, biggest threat to crude oil price recovery
Oil prices have lost about 40 percent in the past year as OPEC defends its market share against rivals, such as the…
Nigerian companies showcase oil & gas potentials at…
Nearly 40 Nigerian companies showcased their potential for offshore materials and services in the oil and gas…
Oil slips below $45 after OPEC update
Oil fell below $45 a barrel for the first time in three months after OPEC said the oil overhang had grown even…
UK’s oil capital Aberdeen reels from global price…
In the bars, boardrooms, hotels and high streets of the Scottish city of Aberdeen, there is one question on most…
Fresh wave of selling engulfs oil and metals markets
A renewed sell-off in oil and metals has shaken investors as fears grow that falling demand for commodities is…
PENGASSAN tasks new ministers
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the newly inaugurated…
Oil price to rise only gradually to $80 by 2020: IEA
Oil is unlikely to return to $80 a barrel before the end of the decade, despite unprecedented declines in…
Strong gasoline crack help stem Nigeria crude weakness
Strong refining margins for gasoline and a slight retreat in freight rates helped prevent further weakness in…