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The world’s biggest oil trader negotiates Venezuela oil purchase
The largest independent oil trader in the world, Vitol Group,…
Rig count inches lower in dramatic week for oil
Baker Hughes reported that the number of oil and gas…
Naira devaluation likely soon due to oil price slump – Survey
The Nigerian central bank will be unable to maintain the…
Shake-up as NNPC asks 40 GGMs, GMs to go
The management of the Nigerian National Petroleum Corporation has retired…
No end in sight for the oil price crisis, says Daniel Yergin
Rebalancing the oil market in a context of dropping demand and rising…
Nigeria, others lose $500m daily to oil price crash
With the steep fall in crude oil prices this week,…
Oil price crash: SEC boss calls for emergency measures
Acting Director-General of the Securities and Exchange Commission, SEC, Ms.…
Dangote set for 100,000 barrels of oil production
Africa’s richest man, Alhaji Aliko Dangote is set to diversify his business…
Saudi Arabia prepares to flood the oil market
The Saudi Energy Ministry has told Aramco to increase its…
Coronavirus: FG to review budget, adopt new oil benchmark
Amid tumbling prices of crude oil, the federal government is…
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