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OPEC secretary-general Mohammed Barkindo buried

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The late secretary-general of the Organisation of Petroleum Exporting Countries (OPEC) Mohammed Barkindo has been buried in Yola, Adamawa State, his hometown. Barkindo’s body arrived...

NNPC boss Kyari, Shehu Sani mourn Barkindo

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Group managing director of the Nigerian National Petroleum Company Ltd Mele Kyari has expressed shock at the death of the outgoing secretary-general of the...

OPEC secretary general Mohammed Barkindo dies hours after Aso Rock visit

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The outgoing secretary-general of the Organisation of Petroleum Exporting Countries (OPEC) Mohammed Barkindo has passed on. Group managing director of the Nigerian National Petroleum Company...

OPEC predicts “ robust “ demand between 2018-2040

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The 2019 OPEC World Oil Outlook (WOO) launched on Tuesday in Vienna has predicted a “ robust “ 25 per cent world energy demand...

Oil prices steady, on track for large weekly gain

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Oil prices steadied on Friday and were on track for strong weekly gains as support from a surprise draw in U.S. inventories and possible...

Oil slips below $61 as weak demand outlook weighs

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Oil slipped below 61 dollars a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and...

Oil prices edge higher as OPEC hints at deeper output cuts

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 Oil prices rose on Wednesday, tracking gains inequities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and...

Buhari set to receive Emir of Qatar

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President Muhammadu Buhari is set to receive Emir of Qatar, Tamim bin Hamad Althani, on Tuesday at the Presidential Villa, Abuja. The Emir arrived in...

Qatar to quit OPEC in 2019

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After being a member of the Organization of Petroleum Exporting Countries (OPEC) for 57 years, Qatar has resolved to quit the group in January...

Lagos becomes oil-producing state as Yinka Folawiyo commences production

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A Nigerian firm has said it has started oil production from an offshore field in the commercial city of Lagos, the first output outside...