Crude

Promoters of modular refineries are finding it extremely difficult to get the critical feedstock to run their operations a situation that now requires regulatory intervention in the form of…

Oil cartel OPEC and its allies have agreed to add 100,000 barrels a day of crude in September giving a tight market extra supplies but not enough to cool prices analysis show. This is…

GTCO, HabariPay Ltd get CBN's approval The Central Bank of Nigeria (CBN) has approved HabariPay Limited, a wholly-owned payment subsidiary of the Guaranty Trust Holding Company Plc (GTCO)'s…

Global benchmark Brent crude has gained more than 25percennt t0 $88 in January. Some in the market now think it’s now a question of when -- not if -- oil hits triple digits above $100,…

Shell has lifted a force majeure on exports of Nigeria’s Forcados crude oil after the pipeline transporting it reopened. The Dutch oil-giant said in a statement that the removal of force…