Oil tumbles as output cut looks elusive; dollar sinks
Oil prices tumbled on Monday on fears that producer countries may fail…
OPEC agrees landmark deal to cut oil production
After about 48 hours of a grueling meeting of the Organization of…
Nigeria earns N1.7tr from crude oil export in Q2
Oil and gas accounted for 92.9 per cent of the Nigeria’s export…
Oil tumbles 3% after IEA, OPEC see glut persisting
Oil prices settled down as much as 3 percent on Tuesday after…
To catch up with 2016 budget, Nigeria need to produce 3.1mbpd – Kachikwu
Nigeria's Minister of State for Petroleum, Ibe Kachikwu, has said that Nigeria…
Police, Avengers disagree over claim of NNPC pipeline bombing in Akwa Ibom
The police and Niger Delta Avengers (NDA) have made conflicting claims over…
Ex-NNPC GMD, Barkindo, becomes OPEC secretary-general
A former group managing director of the Nigerian National Petroleum Corporation (NNPC),…
Oil drops below $48 on Fed hike speculation, fading support from outages
Oil fell below $48 a barrel on Thursday, pressured by a stronger…
Ex- Venezuelan energy minister hails FG on downstream liberalization
Former Venezuelan Minister of Mines and Energy, Dr. Alirio Parra has described…
Kachikwu seeks consensus among OPEC members, as oil producers fail to reach output freeze deal
The Minister of State for Petroleum Resources and Group Managing Director of…