Oil and Gas

OPEC, allies face ‘major challenge’ from competitors’ surging output- IEA

The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said…

Why we suspend the supply of fuel to neighbouring countries – Customs CG

Hameed Ali, the comptroller-general of Customs, on Tuesday said that the decision to suspend the supply of petrol to communities…

Growth in global oil demand to slow from 2025 – IEA

Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles…

Ex-NNPC top officials, firm under probe over N8.1b Bonga oil field judgment

SIX former top officials of the Nigerian National Petroleum Corporation (NNPC) are under investigation for their involvement in the award…

US-China trade war sees oil rises further above $62

Oil rose further above $62 a barrel on Tuesday, supported by hopes that US President Donald Trump may signal progress…

US – China trade war sees oil price slip again

The continued trade war between the world two trade giants; US and China on Friday saw crude oil futures fall…

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