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Russia’s refusal to budge shocked markets and ministers alikeSaudi prince warned other ministers they would regret decision At 10:16 a.m. on a wet and dreary Friday morning, Russia’s energy minister walked into OPEC’s headquarters in…
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His Excellency, the Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo​, GCON, is quintessentially one of the most reliable, dependable and progress oriented leaders we have in this era. This was contained in a…
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• Over $160b Oil, Gas Projects Face Uncertainty Over OPEC’s Failure• Stakeholders Proffer Escape Route, Warn Against Borrowing• Capital Projects, Debt Servicing To Suffer As Recession Looms Over N2.64t revenue expected from the…
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Below are the 14 allegations that cost Dakuku Peterside reappointment by President Muhammadu Buhari, as the Director-General of NIMASA for another term. 1. 10,000 US Dollars per day per vessel for six, now dilapidated very slow Fast…
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President Muhammadu Buhari, GCFR receiving the Executive Secretary of the Petroleum Equalisation Fund Management Board, Alhaji Ahmed Bobboi at the Presidential Villa when the ES paid Mr. President a courtesy visit.
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In a bizarre twist to the ongoing investigations into allegation of corruption against the leadership of the Nigeria Football Federation, the chieftains of the NFF have enlisted the support of the Department of Security Services to stop…
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Organisations in the country have been called upon to increase women representation in there executive managerial level. The call was made by the chairperson, Our Women Our Pride, a women's wing of Society of Petroleum Engineers (SPE)…
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Oil futures fell by more than 7% on Friday as talks between the Organisation of the Petroleum Exporting Countries and their allies collapsed, with Russia refusing to agree to a Saudi-led plan for additional crude production cuts, even as…
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The world’s largest crude distillation column equipment designed for crude oil processing for Dangote Refinery yesterday arrived in Lagos. The equipment is the largest in terms of distilling capacity which is 650,000 barrels per stream…
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US oil prices ended down more than 10 percent Friday after a proposed deal among petroleum producers to cut output fell apart, raising fears of a glut as the coronavirus outbreak saps demand. The US benchmark futures contract, West…
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