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Buhari’s Minister: Why It’s Wrong To Remove Fuel Subsidy Now

Nigeria's Minister of Information and Culture, Lai Mohammed on Monday explained why the Federal Government could not stop petrol subsidy at the moment. Lai who...

Economy

Why The Future Of Oil Rests On China, By Tsvetana Paraskova

The pace of oil demand recovery in China and the entire world could be shaped by China’s top policy-setting meetings, which begin on Friday...

Energy

Sylva: 1bn Barrel of Crude Oil Discovered In Northeast

The Minister of State for Petroleum Resources, Chief Timipre Slyva, said that about one billion Barrels of Crude oil have been discovered in Northeastern...

News

Niger Delta Lost $1.35bn To Oil Theft In 2019 First Quarter – Obaseki

The Edo State Governor, Mr. Godwin Obaseki, has flayed the incessant cases of oil theft in the Niger Delta, bemoaning the loss of about...

Business

BREAKING: Nigeria Loses N481bn To Oil Theft In Six Months

Nigeria has lost 22.6 million barrels at oil to the activities of petroleum pipeline vandalism and stealing of crude oil in the first six...

Energy

USA Now World’s Biggest Crude Oil Producer

The United States is now the world’s biggest crude oil producer, pushing Russia and Saudi Arabia to the back seat. In the week ending November,...

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Osinbajo Blast IBB, Obasanjo, Jonathan Over Oil Cash

...VP flays spending on infrastructure ...Restructuring won’t solve our problem’ VICE-President Yemi Osinbajo has spoken again on how huge funds went down the drain in previous...

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