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Oil

Oil demand will gain momentum in H2 2021 – OPEC

The Organisation of Petroleum Exporting Countries has said that the demand for crude oil will gain momentum in the second half of 2021, beginning...

Fed Govt To Crash Oil Production Cost To $10

The Federal Government yesterday launched the Nigerian Upstream Cost Optimisation Programme (NUCOP) to cut down the cost of crude oil production to $10 per...

Shell sells stake in Nigerian oil block for $533m

Oil giant, Shell Petroleum Development Company of Nigeria Limited said it has completed the sale of its 30 per cent interest in Oil Mining Lease...

Oil, Gas deposits in Plateau – PDP Senatorial Aspirant

Ugar Ukandi Odey, JosA senatorial aspirant on the platform of the Peoples Democratic Party in Plateau State has disclosed that there are oil and...

A’Ibom youths threaten to expel oil company over breach of agreement

By Samuel Ogenyi, UyoYouths of Ibeno local government area of Akwa Ibom have threatened to expel AOS-Orwell Ltd, an oil prospecting company, ...

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