Members of the Flour Millers Association of Nigeria have decried about N2 trillion yearly losses incurred on the importation of wheat from Canada, the United States,...
Oil theft, especially in a developing country like Nigeria is a major factor in the country’s declining economic growth. Experts revealed that in 2021 alone, Nigeria’s...
There are projections that the Russia-Ukraine crisis can escalate to a conflict that could interrupt Russian gas supply to Europe. In view of this, Shell Plc,...
The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B.V. and Qatar Energy – have announced the discovery of sizeable quantities of...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s been a relatively timid start to the week which is perhaps not overly surprising given...
Global oil prices pulled back from their record highs on Monday as concerns over tight supplies wane on the back of continuous progress in the U.S-Iran...
A floating, production, storage and offloading (FPSO) crude oil station, Trinity Spirit owned by Nigeria’s Shebah Exploration & Production Company Ltd (SEPCOL) exploded with 10 crew...
Nigeria’s revenue is set to receive a boost as the international oil benchmark, Brent crude oil price skyrocketed on Friday evening. Investors King reports that Brent...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s been another downbeat session in financial markets, with even US tech stocks losing recovery momentum...
The Organisation of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+ has reviewed its production for the month of March 2022 to 41,294,000 barrels per...
