Energy
Oil price drops as IEA speculates
By Sebastine Obasi IN what should be considered the worst news for the oil industry the International Energy Agency, IEA, has announced that...
Nigeria yet to transform 2.8 bn metric tonnes of coal in 17 fields into wealth
…Solid Mineral endowment By Gabriel Ewepu NIGERIA is one of the countries blessed by God with huge mineral deposits including coal. History holds...
Nigeria regains Africa’s top oil producer status
’Femi Asu Buoyed by the return of the Forcados export terminal, the nation’s oil production has surpassed that of its rival, Angola, the...
Oil output to expand faster than demand in 2018
Global oil output will expand faster than worldwide demand for oil next year, primarily as US producers rack up production, and that could...
Shell resumes crude exports at Nigeria Forcados terminal
Royal Dutch Shell has resumed crude exports from its Forcados terminal in Nigeria after production was disrupted following repeated attacks by militants in...
Don’t sell national oil assets, Ajumogobia advises FG
’Femi Asu A former Minister of State for Petroleum Resources, Mr. Odein Ajumogobia, has expressed opposition to the Federal Government’s proposed sale of...
