Oil & Gas

Youths protest non-patronage by Oil and Gas Free Zone

Okafor Ofiebor/Port Harcourt There was pandemonium today at Onne, host to the Federal Ocean Terminal,FOT,as…

Brent crude oil trades below $80 in Asia

Oil prices slipped in Asia Monday but losses were limited by speculation that the OPEC…

Crashing oil prices: Nigeria to review benchmark

Nigeria's minister of finance and coordinating minister of the economy, Ngozi Okonjo Iweala said today…

Bad news for Nigeria: Oil prices will continue to fall, says IEA

Oil prices are expected to keep sliding well into 2015, held down by weak demand…

Baker Hughes confirms merger talks with Halliburton

US oil services company Baker Hughes said Friday it was in preliminary talks with Halliburton…

Oil prices rebound in Asia

Oil prices bounced back in Asia Friday after diving to fresh lows in the previous…

Brent crude falls to $77.92, lowest price since 2010

Global crude futures plunged to fresh lows Thursday amid a swamped market as US production…

Slump in oil prices: Tinubu counsels Jonathan on how to manage the crisis

An interventionist policy recommendation for Nigeria's Federal Government by Asiwaju Bola Ahmed Tinubu, national leader…

It's getting worse for Brent crude, now slips below $80

Brent oil, the grade Nigeria exports, slumped Thursday to a new four-year low on expectations…

Brent crude price falls to $80 in Asia

Oil prices fell further in Asia Thursday on a stronger greenback and expectations that the…