Energy
Oil drops on China fuel demand concerns as Delta coronavirus surges
Oil prices dipped on Wednesday as analysts cut their forecasts for fuel demand in China following mobility curbs from the...
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DPR to track 33,000 filling stations over smuggling
The Department of Petroleum Resources has said it is working towards capturing all the 33,000 filling stations in Nigeria in...
Read moreFuel crisis looms as IPMAN shuts Calabar depot
The Independent Petroleum Marketers Association of Nigeria IPMAN on Tuesday shut down its operations in Cross River State and asked...
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Oil prices slip on demand worries
Crude oil prices reversed course after an early bounce on Tuesday, as concerns over coronavirus curbs combined with slowing factory...
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Oil prices fall after unexpected rise in U.S. crude oil stocks
Oil prices fell on Thursday after an unexpected rise in U.S. crude oil inventories and as rising COVID-19 infections threaten...
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Shell seal new NLNG Charter Agreements
Shell Tankers (Singapore) has inked new charter agreements with Knutsen LNG, Pan Ocean and investors advised by J.P. Morgan Asset Management...
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Oil rises on expectations of U.S. crude stocks falling
Oil rose on Tuesday, recovering from the previous day's drop, as expectations of further declines in U.S. crude inventories outweighed...
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FG Reaffirms Commitment to OPEC’s 1.554m bpd Oil Quota
The federal government yesterday pledged its renewed commitment to full compliance with the country’s crude oil production quota, which it...
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Oil not going away soon –Sylva –
Minister of State Petroleum Resources, Mr Timipre Sylva, on Monday, reiterated that crude oil was not going away soon as...
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NNPC Records $1.2bn Shortfall in Priority Projects Funding
The Nigerian National Petroleum Corporation (NNPC) recorded a total shortfall of $1.2 billion in the financing of its priority projects...
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