Energy

OPEC supply cut and involuntary declines from Iran and Venezuela to halt declining oil prices

The Organization of Petroleum Exporting Countries (OPEC) might prevent a price-depressing build in oil inventories, once it attains 100 percent…

Oil charts show demand ailing in world’s top consuming region

Oil investors are concerned about supplies due to booming U.S. output and uncertainty over how OPEC and its allies will…

KEDCO to intensify debt recovery in 2019

 Kaduna Electricity Distribution Company will be more aggressive in its drive to recover all outstanding electricity bills next year in…

China’s crude imports hit 10.4 million barrels per day in November

China’s crude oil imports surged to an all-time high of 10.43 million barrels per day in November, as they beat…

UACN appoints Omolara Elemide acting group CEO

The board of directors of UAC of Nigeria PLC has announced the appointment of Omolara Elemide as acting group CEO…

OPEC waits on Russia to decide production cuts

Oyindamola Alamu Top OPEC producer, Saudi Arabia has urged the group to trim output and said that a cut of…