The NS Concept is a colossal red-and-yellow oil tanker with an international background almost as colorful as its paintwork. It sails under the flag of Liberia; was built in South Korea by Hyundai, and is owned and commercially managed by Russia’s Sovcomflot. However, of late it’s been drifting in international waters, owing to US sanctions.
Continue reading Millions of barrels of crude stranded in the Atlantic at Vanguard News Nigeria. …
crude oil
Crude oil earnings up by 48% to N11.5trn in 9 months
Brent Crude Oil Rises To $60 Per Barrel
Benchmark oil contract Brent North Sea crude climbed back to $60 per barrel on Wednesday, with OPEC cutting output and on easing concerns over weak demand growth. Around 0940 GMT, Brent crude for delivery in March stood above $60 for the first time in 3.5 weeks and was up 20 percent compared with two … Continue reading Brent Crude Oil Rises To $60 Per Barrel …
Oil price hovers at $57, as Saudi Arabia cuts output by 500,000 bpd
Vandalism, poor funding, cause of Nigeria’s worst crude oil loss in 18 yrs – NEITI
JVC: Nigeria owes oil coys $5.1bn
President Buhari’s remarks during audience with leadership of NUPENG
REMARKS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, DURING HIS AUDIENCE WITH THE NATIONAL EXECUTIVE COUNCIL MEMBERS OF THE NATIONAL UNION OF PETROLEUM AND NATURAL GAS WORKERS, THURSDAY 13TH DECEMBER 2018
Continue reading President Buhari’s remarks during audience with leadership of NUPENG at Vanguard News Nigeria. …
NNPC says it has 2.6bn litres of petrol in stock
Brent Oil Drops Under $70 For First Time Since April
Brent crude oil sank Friday under $70 per barrel before a weekend meeting of major oil-producing nations in Abu Dhabi. In London morning deals, Brent North Sea crude for delivery in January fell as low as $69.69 per barrel, a slide of 96 cents on the day, on surging US energy stockpiles. It comes … Continue reading Brent Oil Drops Under $70 For First Time Since April
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