OPEC and allies finally agreed to ease their 7.7 million barrels per day production cut by 500,000 barrels per day starting from January 2021. This will...
Oil prices rose further on Wednesday as hope for an effective COVID-19 vaccine and the news that the United States of America’s President-elect, Joe Biden has...
The Nigerian National Petroleum Corporation (NNPC) said the nation begged global crude oil buyers to purchase Nigerian crude oil at $9 per barrel in April when...
Series of positive COVID-19 vaccine news bolstered oil prices in the early hours of Tuesday, while expectations that OPEC and allies are likely to extend production...
The OML30 operated by Heritage Energy Operational Services Limited in Delta State has been shut down by the host communities for failing to meet its obligations...
FG Generated $3.71 Billion from Crude Oil and Gas Exports between August 2019 and August 2020 The Federal Government realised $3.71 billion from crude oil and...
Oil Prices Recover from 4 Percent Decline as Joe Biden Wins Crude oil prices rose with other financial markets on Monday following a 4 percent decline...
Revenue of OPEC Members to Drop to 18 Year Low in 2020 The United States Energy Information Administration (EIA) has predicted that the oil revenue of...
The Nigerian economic crisis is getting deeper and there seem to be no succinct plans in sight to curb the continuous degradation of the economy. Nigeria...
Apple Inc. Earnings Apple Inc.’s iPhone shipments and revenue missed estimates for the third quarter (3Q). According to the financial statement report released, 47.5 million iPhone...