Shell has declared force majeure on exports of Nigerian Forcados crude oil after a shutdown by the pipeline’s operator, a spokeswoman for the Shell Petroleum Development...
Crude oil fell sharply on Monday with U.S. crude briefly dropping below $20 and Brent hitting its lowest level in 18 years on heightened fears that...
Nigeria’s economic growth rose to an annual rate of 2.55% in the three months to the end of December, its highest quarterly growth since a 2016...
The Dangote Oil Refinery Company on Sunday took delivery of what it described as the world’s largest crude distillation equipment. Capt. Rajen Sachar, Head, Maritime and...