One of the oil market’s most obvious signs of oversupply — millions of barrels being stored on tankers all over...
OPEC is cautiously optimistic that the worst of the oil crisis triggered by the coronavirus pandemic is over, said the...
Nigeria’s fiscal crises caused by the oil price collapse and the economic slow-down caused by the Coronavirus pandemic will last...
Long before this present oil price crisis, Saudi Arabia , OPEC’s top oil producer and exporter had signaled the intention...
Nigerian manufacturers are struggling to stay in business because a foreign-exchange shortage spawned by the collapse in oil prices means they can’t import raw materials....
Oil producers have been advised to remain optimistic in the face of the current Coronavirus pandemic which has devastating effect...
To get the buy-in of the Shell Gas B.V, a subsidiary of Royal Dutch Shell Plc in concluding the Final...
Economic shut down to check the spread of the Coronavirus will deal another body blow to oil demand in May even...
Shell Gas B.V., a subsidiary of Royal Dutch Shell plc, has announced that all conditions for its Final Investment Decision...
The Nigeria LNG Limited (NLNG) has signed the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project with...
A major milestone in Nigeria’s push from 22 to 30 million metric tonees of liquefied natural gas has taken place...
The delay by the Petroleum Product Pricing Regulatory Agency (PPPRA) to review the price of Premium Motor Spirit (PMS), popularly...
As Nigeria struggles to save her economy already battered by the impact of coronavirus and falling oil prices, Saudi Arabia’s...
The Nigerian National Petroleum Corporation (NNPC) Tuesday in Abuja announced that its Downstream subsidiary Company in charge of bulk sales...
With loans to the energy sector constituting over 20 percent of non-performing loans in the banking sector, analysts say the...