Managing Director of Bulk Oil Storage & Transportation Company Limited (BOST), Edwin Provencal, has called on government to approve the implementation of the adjusted...
Nigeria’s oil and gas exports are expected to decline by at least $26.5 billion as the novel coronavirus batters international prices and cuts fuel...
…Toward new imperatives for natural resource diversification
Humanity is witnessing some of the most profound changes seen since the Great Depression. And, again, it is...
The oil market appeared to have weathered the storm of the 2015 price collapse and had responded with considerable accomplishments. By November 2017, domestic...
The impacts of the current crisis are wide and affecting both Africa’s most promising exploration prospects, but also its multi-billion-dollar landmark projects.
The double crisis...
U.S. output set to drop significantly after negative prices
Oil refiners to curtail processing as fuel demand remains weak
Negative oil prices, ships dawdling...
Oil resumed its decline to trade near US$15 a barrel as swelling global crude stockpiles made it more difficult for leading producers to balance the market...
May seem that the worst-case scenario has already come to pass, as United States crude prices plunged far below zero on Monday, with the...
The oil majors are facing a financial vice like they never have before.
With oil prices hovering around $20 per barrel and no end in...
The West Africa Gas Pipeline Company (WAPCo) has assured of reliable gas supply in the country even in the face of the disruption caused...