Featured Gas Oil

Buhari meets NNPC GMD, Mela Kyari, as oil prices rise

President Muhammadu Buhari on Wednesday met behind closed doors with the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mela Kyari, at the Presidential Villa, Abuja.

The agenda of the meeting was unknown as at the time of filing this report.

The meeting came amidst the escalating tension between the United States and Iran following the killing of an Iranian commander last week and the subsequent retaliatory attacks on military bases housing American troops in Iraq.

The president, who equally serves as Minister of Petroleum Resources, would also be meeting with the Minister of State, Petroleum Resources, Mr Timipre Sylva, later on Wednesday.

Brent crude, the global benchmark, gained 2.4% to reach $70.24 per barrel on Monday, the first time prices have hit that amount in more than seven months.

Related posts

Don’t waste your votes, elect Fayemi, Buhari tells Ekiti electorate

Editor

Oil gains on Chinese data and fears of Israel-Lebanon ceasefire collapse

Editor

Inauguration: There is hope ahead – PDP stalwart

Civil servants commend FIRS over N66b spike in revenue

Our Reporter

Czech premier lobbies Britain’s May for second Brexit referendum

Editor

COVID-19: Nigerians Slam Former Lagos PPRO Dolapo Badmus for Allegedly Refusing to Self-isolate after UK Trip

Rebecca Ejifoma