The Joint Technical Committee (JTC) of the Declaration of Cooperation (DoC) of OPEC and non-OPEC oil…
Opec
Oil demand to drop by 8.5 percent- OPEC
OPEC in its monthly report said it expects daily demand for oil to drop by some…
Oil price drops to $31.48 per barrel
Brent crude on Sunday dropped to $31.48 per barrel despite the meeting of the Organisation of…
Excess oil revenue declines by 46% to $7.28 per barrel
THE nation’s excess oil revenue declined by 46.43% from $13.59 per barrel to $7.28 per barrel,…
Dangote refinery expected to reduce fuel imports in West Africa- OPEC
The Organisation of Petroleum Exporting Countries has said the refinery being built by Dangote Group is…
Oil Falls on US-China Trade Dispute, Rising Output
Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and…
Nigeria returns to growth in 2017 after recession
* Economy grew 0.83 percent in 2017 * Higher oil prices driving fragile growth *…
U.S. to overtake Russia as world’s biggest oil producer by 2019 – IEA
In a statement by its Director, Fatih Birol in Tokyo on Tuesday, the International Energy…
Buhari signs executive order to boost local production, employment
President Muhammadu Buhari on Monday signed an executive order aimed at boosting the local production of…
Indigenous ship-owners on verge to lift crude
Ship owners and other stakeholders in the maritime sector are on the verge of getting the…