oil
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People & Money
Global Gas Crisis May Push Oil Prices $10 Higher – NNPC boss
The Nigerian National Petroleum Corporation (NNPC) on Wednesday predicted that the global natural gas supply crisis, which has resulted in…
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People & Money
Nigeria’s north needs jobs, not oil
Nigeria’s Petroleum Industry Bill was passed on 1 July, potentially ending a 13-year stalemate since it was first introduced in…
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People & Money
Does the Yoruba Demon Really Exist?
Are Yoruba men really exceptionally unfaithful? “This might be feeding confirmation bias about Yoruba men being handsome and dashing, but…
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People & Money
DPR Says Nigeria Has 5,300 “Dormant” Oil Reservoirs
The Department of Petroleum Resources (DPR) has revealed that Nigeria has 7,000 reservoirs i.e., rock formations in which oil has…
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People & Money
Uganda To Launch Tenders for Massive Oil Projects
Come December 2021, the Ugandan government will commence the bidding process for investors wishing to participate in developing oil projects…
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People & Money
Oil Plunges by 9%, Is the Rally Officially Over?
Oil prices recorded their biggest single-day loss since last April this week as global benchmarks Brent Crude and West Texas…
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People & Money
Nigeria Embarks on Yet Another Oil Refinery Rehabilitation
Africa’s largest exporter of oil is embarking on yet another quest to get its petrol refineries working again after the…
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People & Money
Demand Recovery At Risk with $70 Oil
While the unexpected rollover of the OPEC+ production cuts sent Brent Crude prices up to $70 a barrel, the highest oil prices…
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People & Money
OPEC+ to Keep Supply Mostly Steady
Spring is in the air, demand is recovering, oil prices are buoyant and inventories are shrinking. Time for the organisation…
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People & Money
Analysts See Brent Crude Reaching $80 this year as Oil Surges
International benchmark Brent Crude jumped towards $67 a barrel Tuesday with investment banks and traders predicting further market tightening and…
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