Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “use his good offices to direct the Attorney General of the Federation and Minister...
Crude oil prices rose for a fourth straight session on Thursday to the highest levels in more than 13 months, underpinned by monetary easing policies and...
The price of oil has recovered to its pre-pandemic levels having hit an all-time low last year. While demand for oil is still lower than normal,...
The International Monetary Fund (IMF) has cut its growth forecast for Nigeria this year to 2% from 2.5%, reflecting fears the coronavirus outbreak in China will...
The Minister of State for Petroleum Resources, Mr. Timipre Sylva says Nigeria has met the 100 per cent target agreement entered into by Oragnisation of Petroleum...
Nigeria is producing 1.6 million to 1.7 million barrels per day (bpd) of crude oil, the chief operating officer of the Nigerian National Petroleum Corporation, NNPC...
Saudi Aramco has confirmed it is planning to list on the Riyadh stock exchange, in what could be the world's biggest initial public offering (IPO).
Oil prices were lower on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to...
Crude Oil hit a five-month high above 71 dollars a barrel on Tuesday, supported by concern that violence in Libya could further tighten supply already squeezed...
Nigeria is producing 1.78 million barrels of crude oil per day (bpd), Minister of State for Petroleum Emmanuel Kachikwu said on Wednesday. Kachikwu added that the...