VR Capital, a hedge fund firm, says payments made to Nigerian officials by Process & Industrial Developments (P&ID) violated the law, Semafor Africa is reporting. VR Capital, a major stakeholder
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The Nigerian National Petroleum Company (NNPC) Limited says Jean-Marc Cordier has joined its oil trading arm, NNPC Trading Limited. Garba Deen Muhammad, NNPC spokesperson, made this known in a statement
The Shell Petroleum Development Company of Nigeria Limited (SPDC) says it has resumed oil exportation from the Bonny crude oil export terminal. SPDC, in a statement issued on Wednesday by
Clem Agba, minister of state for budget and national planning, says relevant committees on post-petrol subsidy palliative measures have not harmonised their discussions. Agba spoke on Wednesday while addressing journalists
Oil price fell on Wednesday to $72 a barrel for the first time in more than one year. Brent crude,
The management of Eroton Exploration and Production Company Limited says it remains the operator of the oil mining lease (OML)
The Ghana National Petroleum Authority (NPA) says the country has implemented regulatory measures, including the removal of fuel subsidy, to
The Edo Refinery and Petrochemicals Company Limited (EPRC) has ordered the supply of 150,000 barrels of crude oil to meet
BY JEMILAT NASIRU AND MANSUR IBRAHIM The emerging harmattan winds caressed everything on its path, leaving behind generous dust particles
Oil prices rose on Friday to $82 a barrel amid fears of a global recession. Brent crude, the global oil
