Oil and Gas
No end in sight for the oil price crisis, says Daniel Yergin
Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told…
Nigeria, others lose $500m daily to oil price crash
With the steep fall in crude oil prices this week, Nigeria and other members of the Organisation of Petroleum Exporting…
Oil price crash: SEC boss calls for emergency measures
Acting Director-General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk, yesterday, has called for emergency measures to insulate…
Dangote set for 100,000 barrels of oil production
Africa’s richest man, Alhaji Aliko Dangote is set to diversify his business empire by venturing into the oil sector. The billionaire will…
Saudi Arabia prepares to flood the oil market
The Saudi Energy Ministry has told Aramco to increase its oil production capacity to 13 from 12 million bpd, the…
Coronavirus: FG to review budget, adopt new oil benchmark
Amid tumbling prices of crude oil, the federal government is set to cut the country’s 2020 budget. President Muhammadu Buhari…
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