Shell declares force majeure on Nigeria’s Bonny Light exports
The Shell Petroleum Development Company of Nigeria Ltd has declared force majeure…
Oil, stock markets in mayhem, as prices crash below $27 a barrel, lowest for 13 years
U.S. crude futures dropped three percent Thursday, driving prices below $27 for…
Oil dips below $30 for first time in 12 years
Oil fell briefly below $30 a barrel on Tuesday, extending a relentless…
NNPC owes IOCs $2.84bn in 11 months
The insolvency of the Nigerian National Petroleum Corporation, NNPC, has been brought…
Time to reposition Nigeria’s agricultural prowess: Enugu State on my mind, by Gerald Okeke
Official as well as independent projections on the economy are indicating that…
Pipeline vandals: Okowa laments loss of revenue, calls for vigilance
Delta State Government on Tuesday lamented the huge revenue loss incurred by…
Shell says no timeline for Nigeria oil well restart after leak
Shell has no timeline to restart the Seibou 2 wellhead in Nigeria…
Oil price recovers as dollar weakens against euro
Oil prices steadied above $48 a barrel on Tuesday, recovering from earlier…
Nigerians paying N17 extra on a litre of petrol – Report
With crude oil selling below $52 a barrel at the international market,…
Endure hardship that comes with fallen oil price, Jonathan tells Nigerians
President Goodluck Jonathan has asked Nigerians to endure the effects of the…