Nigeria to seek extension of crude deal with OPEC
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says Nigeria will seek for a further six-month extension of ...
Tag: crude
NEC okays $250m for Sovereign Wealth Fund as Excess Crude Account hits $2.48b
THE National Economic Council (NEC) has approved the report to inject the sum of $250million into the Nigerian Sovereign Wealth ...
You can’t sue Shell in UK, British Court tells Niger Delta residents
A British court on Thursday blocked pollution claims against Anglo-Dutch energy giant Shell by more than 40,000 Niger Delta residents ...
Crude oil price now $45 per barrel despite glut
CRUDE oil price rose further above $45 a barrel on Tuesday as forecasts for a drop in United States inventories ...
IOCs to divest small refineries as crude prices rebound
International Oil Companies (IOCs) are set to further trim lower-margin assets in the face of headwinds from rising crude oil ...
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