Oil prices rose after crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020. Brent crude oil futures, the global oil benchmark,
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The Organisation of Petroleum Exporting Countries (OPEC) says the global energy sector requires about 12.6 trillion dollars investment cumulatively for development by 2045. Mohammad Barkindo, OPEC secretary-general, said this at
Anthony Stimler, a former UK-based trader for Glencore Plc, has pleaded guilty to participating in an international scheme to bribe officials in Nigeria to win favourable contracts from the Nigerian
Vice-President Yemi Osinbajo has asked stakeholders in the energy industry to come up with solutions to challenges that the COVID-19 pandemic has presented to the sector. Osinbajo said this during
The Nigerian National Petroleum Corporation (NNPC) says consumers in the country spent N2.07 trillion in 12 months (February 2020-2021) on
Seriake Dickson, senator representing Bayelsa west, says the 3 percent allocation to host communities as contained in the recently passed
The Nigerian National Petroleum Corporation (NNPC) has remitted N225.85 billion to the federation accounts allocation committee (FAAC) in the first
The Department of Petroleum Resources (DPR), on Tuesday, clarified its comment projecting a hike in the pump price of premium
Nmesoma Esther and her siblings were lost in their world as they roamed their three-bedroom flat. With little to worry
Timipre Sylva, minister of state for petroleum resources, says Nigeria lost revenues in taxes, royalties and other payments over non-performance
