Oil Prices Down as Strong Dollar Offsets Supply Cuts
The global oil market is currently experiencing a downward trend, with oil prices decreasing due to concerns over higher interest ...
Tag: oil
NAF Unleashes Airstrikes, Destroys 13 Illegal Oil Refineries in Niger Delta
The Nigerian Air Force (NAF) claimed it obliterated 13 illegal oil refining sites and seven boats in Rivers, Bayelsa, and ...
Russia’s Oil Revenue Surges 50% in May as Sanctions Adaptation Bears Fruit
Russia's oil revenue has shown a significant increase of almost 50% in May compared to the same period last year, ...
U.S. Oil Drillers Maintain Spending Discipline, Affecting Global Supply Dynamics
U.S. oil drillers are staying true to their commitment to restrain spending aimed at increasing output. This decision is shaping ...
Crude Oil Production Shortage in Nigeria Hampers Economic Growth
The Nigerian oil is doing well, but apparently not well enough! Before now, Libya had replaced Nigeria as the largest ...
The Edo government confirms receiving only N2.1 billion as oil-derived funds
According to the Edo State Government, only N2.1 billion of the N28 billion that was due to the state as ...
Raging fire engulfs the Cuban oil warehouse.
An oil storage facility fire started by a lightning strike burned out of control on Saturday in the city of ...
What NNPC Limited Means for Nigerians
The Nigerian National Petroleum Corporation (NNPC) has officially changed its name to Nigerian National Petroleum Limited. The company’s logo was ...
Nigerians should stop self-sabotage of Nigeria
It is so unfortunate and at times makes me think maybe we are jinxed as a people. Recently, zealots people ...
Illegal Oil Bunkering in Port Harcourt; Who are those behind it?
Following the soot crisis in Rivers state, his Excellency Nyeson Wike, Governor of Rivers state has cracked down on illegal ...
Petroleum Industry Bill; 13 years of waiting gone down the drain for oil producing communities
The Nigerian senate is on the verge of making history as it is about to finalize the proceedings on one ...
SIX INTERESTING FACTS YOU PROBABLY DIDN’T KNOW ABOUT VIRGIN COCONUT OIL
As we all know, coconut oil is made from the kernels of the coconut fruit. And it is said to ...
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