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Ozekhome Disagrees with Ex-President Obasanjo Over ‘Oil Belongs to Nigeria, Not Niger Delta’ Statement EKO HOT BLOG reports that former President Olusegun Obasanjo’s declaration that the...
Ex-President attacked for saying Nigeria owns oil in Niger Delta EKO HOT BLOG reports that former President Olusegun Obasanjo has been mocked for his answer to...
The Nigerian National Petroleum Corporation (NNPC) spent a total of N905.27bn on petrol subsidy in eight months amid rising global oil prices, the latest data obtained...
US currency climbs to highest level in over nine months after Fed signals it will pare back bond-buying program. Oil prices have dropped to a 3-month low...
Minister of State for Petroleum Resources, Timipre Sylva, says ongoing oil search activities in the North-East region of the country has been very successful. The Nigerian...
The both Chambers of the National Assembly on Tuesday have raised the price of crude to $28 per barrel as against the $25 proposed by the...
Despite Brent-crude futures rallying in recent weeks, Nigeria is facing a fast-looming future without reliance on fiscal revenue from its massive oil wealth, Bloomberg reports. Amid...
OPEC The Organisation of Petroleum Exporting Countries (OPEC) on Thursday, agreed to another cut in production adding up to 1 million barrels per day, bpd, among...
The United States detected a heightened state of alert by Iran’s missile forces, as President Donald Trump warned the U.S. would strike back, “perhaps in a...
World oil prices jumped nearly $3 on Friday after the US killed a top Iranian general, fanning fresh fears of conflict in the crude-rich Middle East,...