Incentivising oil, gas investments in Nigeria, a catalyst for socio-economic growth
The oil and gas sector is the most critical to the economic and social development of Nigeria, contributing over 90 per cent of our country’s
Category : Oil
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
Why Oil News?
Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.
Iran sanctions seen keeping oil above $75, but 2019 demand outlook darkens
By Thompson ABISOLA Oil is likely to stay above $75 a barrel fueled by supply disruptions exacerbated by U.S. sanctions on Iran. However, further gains
Russian govt, oil firms agree how to curb domestic petrol prices
By Thompson ABISOLA Russia’s government and main oil firms have agreed how to curb a steep rise in domestic petrol prices, avoiding a prohibitive export
