As European countries look to wean themselves off of Russian energy, Moscow is looking to fill…
Tag: Oil
Oil falls as looming U.S. rate hikes spook investors
Oil prices fell on Thursday as the U.S. dollar strengthened following signs that the Federal Reserve…
Oil holds near 3-year highs after OPEC+ keep tight control of taps
Brent crude oil futures stuck near three-year highs on Tuesday, with U.S. benchmark crude close to…
Oil will remain number one energy source globally – OPEC
The Organisation of Petroleum Exporting Countries , OPEC, released the World Oil Outlook 2021 on…
Oil accounts for 10% GDP, 86% export earnings – Sylva
Agency report Minister of Petroleum Resources, Chief Timipre Sylva, has disclosed that the oil and gas…
Opinion: Oil for the process
By Pastor Jerry Eze “And Elisha the prophet called one of the children of the…
Shell confirms oil spill in Bayelsa community
The Shell Petroleum Development Company (SPDC) has confirmed oil spill from its facility at Agbura-Otuokpoti area…
NSCDC arrests 16 suspected oil thieves in Abia
The Nigeria Security and Civil Defence Corps (NSCDC), Abia Command, says it has arrested 16 people,…
2021 Budget: Trouble As Niger Delta Militants Vow to Disrupt Oil Production
By Ade Jacobs Militants from the oil bearing states of Nigeria’s Niger Delta, under the aegis…
Oil and Gas Sector top list of banks’ non-performing loans
By Ade Jacobs The oil and gas sector topped the list of non-performing loans (NPL), from…
Why we want unit cost of oil production reduced to $10 per barrel – Kyari
The Group Managing Director of the Company of the Nigerian National Petroleum Corporation (NNPC), Mallam…
Oil companies to develop host community plan – PIB
The new Petroleum Industry Bill (PIB) currently before the National Assembly has proposed that oil companies…