Oil slips as focus shifts from Saudi supply to global demand concerns
Oil prices eased on Tuesday as weak manufacturing data from Europe and Japan focused market attention on the gloomy outlook for demand and away from
Category : Energy
Belema Oil President assures OML-25 communities of effective Corporate Social Responsibility
Mr Tein Jack-Rich, Founder and President, Belema Oil Producing Ltd., has assured OML-25 host communities of effective Corporate Social Responsibility (CSR) when operation resumes on
U.S. sanctions four companies operating in Venezuela oil sector
The U.S. on Tuesday announced the imposition of sanctions against four companies operating in Venezuela’s oil sector as part of an ongoing pressure campaign against
U.S. CHAMBER OF COMMERCE APPOINTS BENEDICT PETERS TO ADVISORY BOARD OF THE U.S.-AFRICA BUSINESS CENTER
U.S. CHAMBER OF COMMERCE APPOINTS BENEDICT PETERS TO ADVISORY BOARD OF THE U.S.-AFRICA BUSINESS CENTER By Olamilekan FAWAS The U.S. Chamber of
NOSDRA preparing report on pipeline fire in Rivers — Official
Dr Cyrus Nkangwung, the South-South Zonal Director, National Oil Spill Detection and Response Agency (NOSDRA), says the agency is preparing its report on the possible
NGO calls for renewable energy to mitigate global warming
An NGO, PHEW Foundation, has advised Nigerians to key into the use of renewable energy to mitigate the harmful effect of global warming. Mrs Chigbo
Oil thieves set Agip pipeline ablaze in N/Delta
Unscrupulous people, described as crude oil thieves have set fire on an oil pipeline, belonging to Italian oil giant Agip at Ubeta community in the
Oil edges further above $64 on doubts over Saudi supply
Oil rose further above 64 dollars a barrel on Monday, supported by doubts about how quickly Saudi Arabia can restore output after a crippling attack
Iran frees British-flagged oil tanker
Iranian authorities on Monday said Iran has freed the British-flagged oil tanker Stena Impero, which was seized in the Strait of Hormuz in mid-July. Government
DPR seals 40 filling stations in Nasarawa
The Department of Petroleum Resources (DPR) has sealed 40 filling stations from January to date for various offences in Nasarawa State. Alhaji Abdulrahaman Muhammad-Bima, DPR
