2017: Oil, Stocks, Naira, Tumble on First Trading Day
LAGOS JANUARY 4TH (URHOBOTODAY)-The key indexes of crude oil, stocks and naira for brighter economy for Nigeria started the 2017 trading day on a negative note, figures have shown. The much-talked about crude More...
OPEC Assures of Rise In Oil Prices In September
LAGOS AUGUST 9TH (URHOBOTODAY)-Oil producing countries may heave a sigh of relief as the Organisation of Petroleum Exporting Countries (OPEC) has postulated that oil prices will rise in September through December More...
Ex-Nigeria OPEC President Passes on at 90
Ali Moguno LAGOS JULY 9TH (URHOBOTODAY)-Former Minister of Petroleum Resources and Ex- President of Organization of the Petroleum Exporting Countries (OPEC) Alhaji Shettima Ali Monguno has passed on at the age of More...
OPEC: Nigeria Greatly Affected by Falling Crude Prices Worldwide
Eric Dooh at home in Goi village showing oil pollution LAGOS FEBRUARY 23RD (URHOBOTODAY)-The Organisation of Petroleum Exporting Countries (OPEC) announced recently that there are five countries that are greatly More...
OPEC Chief Confident of a Balanced Oil Market in 2016
LAGOS OCTOBER 12TH (URHOBOTODAY) – OPEC is confident that the oil market will be “more balanced” next year as non-OPEC production has contracted and global demand is increasing, the cartel’s More...
Shell Starts Third Phase of Operation at Nigerian Offshore
Shell starts third phase of operations at deepwater prospect off the coast of Nigeria. Photo courtesy of Royal Dutch Shell LAGOS OCTOBER 6TH (URHOBOTODAY)-Royal Dutch Shell said it started operations at the third More...
Jonathan To Dump Allison-Madueke
LAGOS MARCH 17TH (URHOBOTODAY)-A report on Monday indicated that President Goodluck Jonathan may reshuffle his cabinet any time soon, a development that may consume some powerful Ministers. According to Blueprint, More...
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What Nigerians’ll Gain on Refineries’ Privatisation
Minister of Petrleum Resources, Deziani Allison-Madueke By Oghenekevwe Laba LAGOS JANUARY 26TH (URHOBOTODAY)-The pronouncement of the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke over plans by the More...
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Petroleum Minister Diezani Blows N2b on Private Jet in Two Years
Deziani Madueke LAGOS AUGUST 13TH (URHOBOTODAY)-While the Academic Staff Union of Universities, ASUU are on strike for improved working condition, Petroleum Resources Minister, Dieziani Allison-Madueke has spent More...