Oil prices were under pressure on Tuesday and thus eased by 1% as worries that sluggish global economic growth could reduce energy demand outweighed Saudi Arabia’s...
Oil prices came off seven-week lows on Monday but remained under pressure after Japan said it was weighing releasing oil reserves and as the COVID-19 situation...
Nigeria loses N151.78bn crude oil monthly – NNPC Nigeria is currently losing an average of 200,000 barrels of crude oil daily, the Nigerian National Petroleum...
Nigeria’s oil sector regulator, Department of Petroleum Resources (DPR) has released strategic plan and policy for the survival and success of the industry post COVID-19. Engr....
Nigerian-owned marine vessels for oil and gas sector operations have increased from three per cent to over 40 per cent, the federal government has revealed. The...
BusinessMetricsNG with wire report weakens Crude-oil futures Crude-oil futures turned lower Monday as investors focused on the prospect of increased output from some countries. This is...
OIL firms indebted to the Nigerian Government will not be allowed to participate in the newly launched bid round for marginal oilfields as oil firms, the...
Global oil commodities gained in prices on Wednesday as Brent crude, the benchmark against which Nigeria’s crude is priced, rose to $40 per barrel for the...
