Nigeria’s Ex-Oil Minister Battles Slew of Graft Cases
Nigeria's former oil minister faces charges only at home but her name crops up in a growing number of international ...
Tag: oil cartel
Fear and Panic Over Registration of Petroleum ‘Bulk Road Vehicles’
Fears are being expressed about the registration of Bulk Road Vehicles (BRVs) to convey petroleum products across the country. A ...
Oil Price Tumbles To Five-Month Low
The oil price has fallen to a five-month low as investor concerns resurface about a worldwide glut. Brent crude dropped ...
Cedi Fall Threatens Fuel Price Stability
The Institute for Energy Security (IES) has said the relative stability for the price of Brent Crude, and global prices ...
‘Diverted Oil Cash’ Forfeited To Nigerian Govt
A court on Thursday ordered $153.3 million allegedly diverted by Nigeria's former oil minister Diezani Alison-Madueke from the state-run oil ...
OPEC Delivering On Agreed Oil Output Cuts
The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut ...
Oil Price Soars As Opec Agrees Output Cut
Saudi Arabia agreed to cut output by about 500,000 barrels per day - a total reduction of 4.5%. The oil ...
Recession Is Adequate Reason To Cut Politicians Outrageous Pay
Is anyone serious about cutting politicians’ outrageous salaries and allowance? If this recession is not enough reason to deflate an ...