Oil
Global energy demand grew by 2.1% in 2017-IEA
…as carbon emissions rose for the first time since 2014 By Ayobami Adedinni Global energy demand rose by 2.1per cent...
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Nigeria’s oil demand, supply stable in global market
THERE are indications that Nigeria stands to generate maximum foreign exchange from its crude oil export as the demand and...
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Oil market to stabilise as OPEC, non-OPEC countries achieve 138% in output cut
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC)...
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NNPC vows to revamp refineries
…As Corporation’s GMD Bags Nigerian NewsDirect Man of the Year Award Stories by Ayobami Adedinni The Nigerian National Petroleum Corporation...
Read moreNigeria's refinery overhaul projects to start in second quarter -NNPC
Refinery overhaul projects will begin in Nigeria as soon as the second quarter, an official from state oil company NNPC...
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Wabote tasks Benkline on expansion into Downstream Sector
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has advised the management of...
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USA to supply 80% World demand growth- IEA
Ayobami Adedinni The U.S. will supply much of the world’s additional oil for the next few years, according to a...
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Indonesia Eyes More Nigerian Crude Oil
Nigerian crude oil has again proved its enormous prospects as the beautiful bride of the global oil market with Indonesia...
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FG to relinquish power to hire, fire oil sector regulators
The Federal Government, Thursday, said it would relinquish the power to hire and fire workers of companies and regulatory authorities...
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NCDMB to sue offenders of Local Content Act
Oil and Gas companies that fail to comply with the provisions of the Nigerian Oil and Gas Industry Content Development...
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