Electricity Tariff and Fuel Scarcity Push Inflation to 15.81% says Meristem Inflation in Nigeria is expected to reach 15.81 percent in February 2022, according to Meristem analysts. The data i...
The increase in the price of petroleum hit $113 a barrel recently, making it the highest level since June 2014! On the 7th of March 2022, the price of petroleum moved to €1.51. The in...
Huawei Technologies, a Chinese multinational technology company, has disclosed that it has built an intelligent pipeline monitoring system to combat crude oil theft in Nigeria.According to the News Ag...
Over the years, Russia has been a major exporter of oil, natural gas, and commodities like wheat and grains, as its oil exports credit for 8% of the global supply, with most of its clients being Eur...
Since the inception of the recent Russian military invasion in Ukraine, the Western world has felt a huge resistance in the placement of sanctions in Russia’s oil and gas exports, as a result of the...
One of the key causes of what has become the biggest inflation in a generation has been energy expenses. The price of a barrel of U.S. benchmark crude oil just hit a seven-year high of $87 a bar...
The price of Brent rose to $70.46 per barrel from $68.50, recorded the previous day on the decisions of Organisation of Petroleum Exporting Countries, OPEC and Non-OPEC ministers, to impact the volati...
Shell Nigerian Exploration Production Company (SNEPCO), for the first time has appointed a woman as its Managing Director, according to a reliable source close to the company, on Sunday. The rumors ab...
Analysts at Goldman Sachs on Friday named big oil stocks that will rally as much as 54% this year, as the transport market gradually recovers and generate cash returns for investors.The investment ban...
Chairman of Heirs Holdings Tony Elumelu on Saturday announced a new investment deal of the firm to acquire Nigerian oil license OML 17 from Shell, ENI and Total. The financial firm in partnership with...