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Opinion

Oil Price Apocalpyse Will Bankrupt Nigeria, Africa’s Richest Nation, By William Ebbs

Nigeria is slipping toward economic collapse that could include a devalued currency and soaring inflation as oil prices go negative. | Source: Yasuyoshi CHIBA...

Features

Even At $11, No One Is Buying Our Oil, Restructuring Has Started, By Patrick Okigbo III

#COVID19Thoughts: TSUNAMI LOADING ... If you are a state governor in Nigeria and you are not already working round the clock, night and day, you...

News

BREAKING: US Oil Price Crashes, $0 Per Barrel

United States oil prices crashed Monday to a record low amid a collapse in demand caused by the coronavirus pandemic. The U.S. oil futures went...

Environment

Oil Spill Crisis: Ex-Bayelsa Commissioner Calls on FG To Probe Pollution of Niger Delta Coastline

Says, NOSDRA Should move NOW to avert looming disaster in the N'Delta'' By Oyinlola Awonuga (The New Diplomat's Entertainment, Fashion and Sports Desk) A former...

Business

COVID-19: As Oil Tumbles Towards $17 Per Barrel, All Eyes On Volatile Delta!

S & P Downgrades Nigeria’s Outlook as Fitch Affirms Norway By Hamilton Nwosa (Head, The New Diplomat Business & data tracking desk) With escalating glut...

Business

OPEC Deal Collapse Sparks Price War: ‘$20 Oil In 2020 Is Coming’

Experts are calling dramatically lower crude prices as major OPEC and non-OPEC producers prepare for an all-out price war, in a sudden U-turn from...

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...

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