Oil
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Business
WTI Crude Breaks $60 a Barrel on Oil Supply Worries
US oil prices rallied past $60 a barrel on Monday for the first time in more than a year, fuelled…
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Business
Oil Production Hits 3-year High as GPD Grows by 2.28% in Third Quarter of 2019
The National Bureau of Statistics (NBS) has informed that Nigeria’s Gross Domestic Product (GDP) witnessed a significant growth in the…
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News
NNPC Signs MoU with Russian Oil Company, Lukeoil
Nigeria and Russia Thursday in Sochi, Russia, signed an important Memorandum of Understanding (MoU), which will enable both countries’ oil…
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Inside Nigeria
Crude Oil Thieves Set Agip Pipeline Ablaze in Niger Delta
Unscrupulous people, described as crude oil thieves, have set fire on an oil pipeline belonging to Italian oil giant, Agip…
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Foreign
Oil Prices Rise Above $64
Oil rose further above 64 dollars a barrel on Monday, supported by doubts about how quickly Saudi Arabia can restore…
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Cover
NIGERIA CONSIDERS REDUCING OIL OUTPUT FOR HIGHER PRICES –BUHARI
President Muhammadu Buhari Wednesday pledged the cooperation of Nigeria to the effort to reduce oil output in order to attract…
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Cover
BUHARI ANNOUNCES BENUE AS NEXT IN NNPC’S DRILLING FOR OIL AND GAS
President Muhammadu Buhari has announced that the Nigerian National Petroleum Corporation, NNPC, will soon commence drilling for a deeper search…
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