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Nigeria owes IOCs $3.501bn in cash-call – NEITTI
Nigeria has significantly reduced the accumulated debt it owes International…
Oil prices to average $62.50 in 2020 as oversupply to persist
Uncertainty over global economic and oil demand growth will continue…
Chevron puts two Nigerian offshore blocks up for sale
Chevron has launched the sale of its stakes in two…
Nigeria saves 30% of petrol use, says Customs CG
Nigeria’s fuel consumption has reduced by 30 per cent since…
Discos reject 8,848MW of electricity in one week
Power distribution companies in the country left a total of…
Why we suspend the supply of fuel to neighbouring countries – Customs CG
Hameed Ali, the comptroller-general of Customs, on Tuesday said that…
Ex-NNPC top officials, firm under probe over N8.1b Bonga oil field judgment
SIX former top officials of the Nigerian National Petroleum Corporation…
Oil demand to fall in Western Countries, but not in India, China – OPEC
Oil demand in highly industrialised countries will shift from slight…
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