Thursday, January 24, 2019

Oil price to fall as market ‘drowns in over-supply’ $22 is the target

PARIS - The oil price is set to fall further this year as supply vastly exceeds demand, with major oil exporter Iran's return to...

Could Saudi Arabia Really Go Bankrupt?

In October 2015, the International Monetary Fund (IMF) warned Saudi Arabia that the country may run out of the financial assets needed to support...

Nigeria close to finding oil in Chad Basin – Kachikwu And what will Boko...

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has said the country is on the verge of finding oil...

The Claim Guys: PPI compensation specialists forced to go elsewhere

THE Claims Guys, one of the country’s largest payment protection insurance compensation firms, is looking to diversify into new markets ahead of a proposed...

FTSE 100 rally despite China’s continued slowdown

Emojipedia has released mockup images of the 38 emoji candidates for Unicode 9. All new candidates were based on popular request, gender-matching pairs and...

European firm invests $6b in Iran’s power sector

TEHRAN- An European firm signed a deal with the Iranian Energy Ministry for making $6 billion investment in Iran’s power sector, Iran’s Government Spokesman...

UK crime agency authorised to seize cash from Nigeria ex-oil minister: court

LONDON (Reuters) - Britain's National Crime Agency (NCA) obtained court permission on Monday to temporarily seize 27,000 pounds ($41,000) from a former Nigerian oil...

Oil War is coming

n 1956 crude Oil was discovered in Nigeria at Oloibiri, in the very year the Queen of England visited Nigeria, and four years after...

Oil Minister: The Oracle tells President Buhari Don’t Take it.

Can President Buhari legally hold the position of Oil Minister without contravening the constitution? Can he hold the position without being screened by the...

CRUDE: Nigeria reaches out to Asian refiners

By Clara Nwachukwu, with agency reports Despite the free fall in global oil prices, Federal Government has insisted that it would not indulge in...