Page 30 - Escravos News Today

The EU decision to ban most Russian crude has huge ramifications for global oil flows, redirecting more Russian crude to Asia, and more African crude to Europe

It is that time of the year when elected representatives of the people are expected to give an account of their stewardship preparatory to their bidding

Nigeria Navy has arrested 20 suspects with over 6million litres of stolen products recovered. The successes were made possible by the Chief of naval staff’s biting team code-named ‘Operation DAKATAR DA BARAWO’ (OPDDB). The squad has made breakthroughs in which over N10 billion worth of stolen crude oil and petroleum products were denied to oil […]

The dredging of the Escravos channel in Delta State by the Buhari administration is already halfway done. The goal of the dredging is to enable the port in the state to have a better draft, and record fewer incidences of vessels running aground when completed.

Almost all sweet crude grades in Europe have been racing higher as record product cracks and supply outages encouraged sellers to put their prices up. Differentials for WTI Midland arriving into Europe through June and early-July, for example, have surged in recent days. WTI Midland DAP Rotterdam was assessed at a $4.18/b premium to forward ...

It is that time of the year when elected representatives of the people are expected to give an account of their stewardship preparatory to their bidding

The House of Representatives, on Tuesday, quizzed the Group Managing Director of Nigerian National Petroleum Cooperation (NNPC)

A Naija247News Correspondent, who visited his palatial country home known as ‘Haven of Peace’, located at Egbuoma community in Oguta Local Government Area of

Chief Arthur Nzeribe, a maverick politician and a multi-billion naira investment mogul, has passed away at age 83

More facts have emerged on why the planned acquisition of shallow water assets of Mobil Producing Unlimited, Nigeria (MPNU) is delayed. Seplat, an indigenous energy company, had in February sealed an agreement to acquire...