A more dangerous dimension might be setting in for the Nigerian economy as the price of crude oil which is...
The coronavirus pandemic has severely reduced oil demand around the world due to large declines in airline, car, shipping, and...
With Nigeria’s struggling national grid lacking in capacity to power the entire country in a period of pandemic and economic...
Some of the world’s largest oil producers including Nigeria might have reached a truce the global oil market long sought,...
One week after the group managing director of the Nigerian National Petroleum Corporation (NNPC), announced plans to suspend a wasteful...
In its latest World Economic Outlook, the International Monetary Fund (IMF) said the world is heading into a much worse...
US main oil prices crashed below zero dollars for the first time in history as a triple threat of record-low...
Oil prices in the United States market stumbled to their lowest level in more than 21 years on Monday, with...
Oil prices crashes further below $1 a barrel with the threat to erase a decade of demand growth with thousands...
Millions of barrels of Nigeria’s Bonny light are piling up on the seas without buyers as oil extended its slide,...
The global economy and oil market are experiencing one of the most severe crises in recent history, caused by the...
The leadership of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is suspending the plan to disrupt crude...
Nigeria could slip into a deeper economic crisis in a few days from now unless urgent measures are taken to...
Nigerian Content Development and Monitoring Board (NCDMB), on Thursday, said it had directed the Nigerian Liquefied Natural Gas (NLNG) to...
Asharami Synergy Ltd Kenya, a subsidiary of a Nigerian oil conglomerate with a presence across Africa, has denied media reports...