Wednesday, May 22, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Petrobarometer

Kachikwu insists: We won’t sell the refineries

    Kachikwu insists: We won’t sell the refineries

Ibe Kachikwu, minister of state for petroleum resources, says the federal government will NOT sell its refineries. Rather, the aim is to make Nigeria the refinery corridor for the rest

0 comment Read Full Article

Barkindo: Oil producers need $10.5tr investments to meet rising world oil demand

    Barkindo: Oil producers need $10.5tr investments to meet rising world oil demand

Mohammed Barkindo, secretary general of the Organization of Petroleum Exporting Countries (OPEC), has expressed concern over the powerful cartel that gives rise to the continued instability in the international oil

0 comment Read Full Article

Nigeria ‘not worried’ about falling crude oil prices

    Nigeria ‘not worried’ about falling crude oil prices

Ibe Kachikwu, minister of state for petroleum resources, says Nigeria is unruffled by the slide in crude oil prices, maintaining that the country can comfortable ride the storm with oil

0 comment Read Full Article

Kachikwu to NNPC: Do whatever it takes to end petrol queues in Abuja

    Kachikwu to NNPC: Do whatever it takes to end petrol queues in Abuja

Ibe Kachikwu, minister of state for petroleum resources, says the Nigerian National Petroleum Corporation (NNPC) should “do whatever it takes” to end petrol queues in Abuja before Sunday. Speaking at

0 comment Read Full Article

Oil contribution to GDP rebounds after four-year fall — but Nigeria still vulnerable

    Oil contribution to GDP rebounds after four-year fall — but Nigeria still vulnerable

Oil contribution to Nigeria’s gross domestic product (GDP) is on the rise after witnessing a downward trend over a four

0 comment Read Full Article

Oil falls below $60— Nigeria safe for now

    Oil falls below $60— Nigeria safe for now

The global crude oil market seems not to have recovered from the fears of another supply glut as West Texas

0 comment Read Full Article

Crude oil loses $3 in a week — good and bad news for Nigeria

    Crude oil loses $3 in a week — good and bad news for Nigeria

The price of Brent crude — the equivalent Nigeria’s Bonny light — has dropped by $3.31 between Monday and Friday

0 comment Read Full Article

NNPC to import 100m litres of petrol daily to tackle scarcity

    NNPC to import 100m litres of petrol daily to tackle scarcity

In a bid to tackle the fuel shortages still ravaging some parts of the country, the Nigerian National Petroleum Corporation

0 comment Read Full Article

Petrol supply increases in January — yet scarcity lingers

    Petrol supply increases in January — yet scarcity lingers

Facts and figures published by the ministry of petroleum resources show that the supply of petrol increased by 12.87 million

0 comment Read Full Article

Fears over renewed militancy after Bonga oil field shut-down

    Fears over renewed militancy after Bonga oil field shut-down

The Bonga deep offshore oil field, one of Nigeria’s highest volume producers and top revenue earners, was shut down for

0 comment Read Full Article
error: Content is protected from copying.