Shipments of Nigeria’s Bonny Light crude, one of the country’s major sources of oil revenue, are experiencing delays in loading,...
Read moreDetailsOil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports...
Read moreDetailsNigeria’s Trans-Forcados pipeline which exports the Forcados crude oil is shut down for repairs to inspect a leak, a source...
Read moreDetailsState oil firm NNPC has awarded 50 companies with contracts to buy Nigerian crude and more than half of them...
Read moreDetailsThe Federal Government will invest N72 billion on the 11 Electricity Distribution Companies (DISCOs), towards achieving uninterrupted power supply in...
Read moreDetailsNigeria’s state oil firm NNPC has issued crude export contracts that are expected to last two years instead of the...
Read moreDetailsThe management of Forte Oil has announced the signing of an agreement with Chevron to become the sole distributor of...
Read moreDetailsOil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against...
Read moreDetailsFashola The Minister of Power, Works and Housing, Babatunde Fashola, promised improved power distribution in nigeria before the end of...
Read moreDetailsU.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude...
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