oil

Strategic Refining Hubs: How Nations Without Oil Reserves Drive Global Economy

Strategic Refining Hubs: How Nations Without Oil Reserves Drive Global Economy

In the complex web of global energy markets, some of the most crucial players are countries that, paradoxically, have little… Read More

12 months ago

Food Inflation in Nigeria: How Families Are Adjusting

Over the last five years, Nigeria's inflation rate has increased drastically by over 5% since 2018. According to a report… Read More

3 years ago

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… Read More

4 years ago

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… Read More

4 years ago

Does the Yoruba Demon Really Exist?

Is the Yoruba Demand a real thing ? Are Yoruba men really exceptionally unfaithful? “This might be feeding confirmation bias… Read More

4 years ago

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… Read More

4 years ago

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… Read More

4 years ago

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… Read More

4 years ago

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… Read More

4 years ago

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… Read More

4 years ago

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… Read More

4 years ago

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… Read More

4 years ago