energy

THE Nigerian National Petroleum Company (NNPC) Limited started activities for the week with its Group Managing Director (GMD), Malam Mele Kyari, advocating for more investments in the…
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THE United States (U.S) has finally announced that it will be releasing 50 million barrels (MMbbls) of crude oil from its Strategic Petroleum Reserve (SPR) to help lower prices. A…
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OIL has dipped again on Thursday after US President Biden reportedly asked major oil consumers, like China and Japan, India, South Korea, to consider a coordinated release of Strategic…
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VICE President Yemi Osinbajo on Friday at the Presidential Villa, Abuja, received Dr Mari Pangestu, World Bank Managing Director of Development, Policy and Partnerships. Osinbajo’s…
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By Olu Anisere CRUDE oil price bumped after U.S inventories unexpectedly rose as well as signs of weaker demand, Australia’s ANZ Bank said in a Thursday note ahead of the…
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ABOUT $450 billion worth of new refinery projects and expansion of existing units would be invested in Nigeria and other developing nations, the Organisation of Petroleum Exporting…
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CRUDE oil prices were in full retreat Thursday ahead of the much-anticipated meeting of the Organization of the Petroleum Exporting Countries (OPEC) scheduled to hold today. There…
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By Kate Abnett and Valerie Volcovici, Ilze Filks, Jeff Mason MORE than 100 countries have joined an effort led by the United States and European Union to slash emissions of the…
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OIL hit multi-year highs on Monday amidst China energy crunch, and tight competition for supply in the market as the global economy continues to heal. In the United States, a stronger…
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OIL prices pulled back Wednesday after crude lifting has seen a multi-year increase following stock build in the United States (U.S).  Data shows that inventories of commercial crude…
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