crude oil

Nigeria's unfavourable environment and economic recession may keep $50 billion oil fund trapped in reserves

Oil refinery Enablers needed to push ExxonMobil to monetise fund The Federal Government has been going cap-in-hand begging for loans aroun…

Japanese companies give fresh boost to Iran market bid

Japanese companies have stepped up oil imports from Iran since the lifting of sanctions. More Japanese companies, which halted oil purchases from…

Reuters reports say Iran’s oil exports hit pre-sanctions high

Oil market sources say Iran’s total exports of heavy and ultra light oil have reached pre-sanctions peak of around 2.8 million barrels per day. R…

Projects shelved as oil slumps

The plunge in oil prices has seen the deferral of 46 big oil and gas projects. Photo / Bloomberg The world's big energy groups …

12 billion worth of crude, India turns largest importer of Nigeria crude oil- Envoy

India’s Acting High Commissioner in Nigeria Kaisar Alam on Sunday said the trade volume between Nigeria and India reached 17 billion dollars from…

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