Oil marketing

ExxonMobil Fuels incurs highest crude oil refinery maintenance globally in 2019

By Samson Echenim    ExxonMobil Fuels and Lubricants Co (ExxonMobil Fuels) had the highest crude oil refinery capacity under maintenance…

By Businessam Staff
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NNPC saves over $3bn from arbitration

By Moses Obajemu The Nigerian National Petroleum Corporation has saved over $3bn from arbitration, Mele Kyari, the oil firm’s group…

We may have to worry about peak oil demand soon

By Mudashir Tunde   A peak oil demand might continue to result in its rise in value for the next…

Global market access: NEPC trains 100 exporters in move to reverse Nigeria’s slow-paced growth

Nigeria’s total exports in 2018 valued at $52.9 billion reflected a –46.7 percent drop since 2014, though a 29.9 percent uptick from…

Oil prices retreat from 2-month high as U.S-China trade dispute looms

Oil prices reversed earlier gains on Monday, retreating from their best level in two months, as concerns of a looming…

Oil trades near $56 after slump as U.S. gasoline stockpiles gain

Oil held losses near $56 a barrel after falling the most in two months as U.S. gasoline stockpiles expanded more…

Aiteo shuts Nembe creek trunk line over leakage – official

Aiteo Eastern Exploration and Production Company Friday said it had shut its Nembe Creek Trunk Line (NCTL) for emergency repairs…