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Why Oil Prices Beyond $100 pb Could Lead To Market Collapse – Vagit Alekperov

The head of Russian energy giant Lukoil, Vagit Alekperov, warns of a market crash in case oil prices rise above 100 dollar per barrel. Alekperov...
News

NPDC To Resume oil Production In Ogoni Land

The Nigerian Petroleum Development Company (NPDC) Limited and partners have expressed a renewed desire to work together to commence production in abandoned oil wells...
Business

Oil Price Falls To Its Lowest Since May At $65

The international oil benchmark, Brent crude, dipped to its lowest since May on Thursday. The prices went on a free fall because of demand fears...
Opinion

What Happens If We Stop Pumping Oil Tomorrow? By Irina Slav

In a traditionally slow news month such as August, any event of relative significance gets abundant coverage. Yet the latest report by the Intergovernmental Panel on...
News

FG Says Domestic Gas Optimisation Key To Energy Transition

The Federal Government said it would optimise the country’s abundant gas resource to achieve transition to low carbon energy sources. Chief Timipre Sylva, Minister of...
News

Senegal Seeks Nigeria’s Support To Develop Oil, Gas Sector

The Minister of State for Petroleum Resources, Chief Timpre Sylva, has commended the effort of the Senegalese government in seeking Nigeria’s support for the...
Energy

DPR Lists Ways To Fortify Nigeria Oil, Gas Sector

The Department of Petroleum Resources( DPR) has listed five ways to fortify the Nigerian oil and gas sector for economic stability and growth. The Director...
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