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COVID-19: Excitement As Oil Price Hits $50 Following Vaccine Rollout

Brent Crude hit $50 a barrel on Thursday morning for the first time since oil prices crashed in early March, as hopes of swifter-than-thought...

Business

Respite For Nigeria As Oil Prices Near $50pb On OPEC+ Agreement

Nigeria's badly hit economy may emerge out of the waters sooner than projected as global oil prices recorded some gains Friday, marking the fifth...

Energy

UK Energy Giants Back Carbon Trading Over Carbon Tax

Leading energy companies have urged the UK to embrace carbon trading after the Brexit transition period concludes and not adopt a carbon tax instead. In...

News

Again, Fresh Crisis Erupts In Isoko Community As Accident Claims Two Lives

From Ameachi Prosper(The New Diplomat's Delta State Correspondent) As protest over murder of twelve Farmers in Isoko community over a parcel of land enters day...

Energy

Oil Price Crisis: Tension as Nigeria, Saudi Arabia, Other OPEC Officials meet tomorrow, set target for 2021

Officials of member nations of the Organization of Oil producing Countries(OPEC )are scheduled to meet tomorrow, Wednesday to determine the fate of OPEC oil...

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Exxon To Cut 1,900 Jobs In The U.S.

By Tsvetana Paraskova ExxonMobil said on Thursday that it will cut around 1,900 jobs in the United States in its latest attempt to cut...

Business

Fresh Oil Price Crisis Faces Nigeria, Others As Europe’s Lockdowns Crash Prices

Oil prices crash below $40 as Europe imposes lockdown for the second wave of coronavirus. It was another oil crisis for Nigeria Thursday as oil...

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