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Oil output in the Neutral Zone is divided equally between Saudi Arabia and Kuwait [Haider al-Assadee-EPA]

Oil output from Saudi, Kuwait shared zone on hold as ties sour

Saudi Arabia and Kuwait will struggle to resume oil production from jointly operated fields any time soon due to operational differences and souring political ties between the previously close Gulf OPEC allies, sources familiar with the matter said.
Bahrain jails seven over oil pipeline blast

Bahrain jails seven over oil pipeline blast

A Bahrain court sentenced seven citizens to prison terms Monday, stripping six of their nationality after finding the group guilty of attacking an oil pipeline last year, according to Arabnews .com reports.

Oil prices hit four-year-high of $81 amid looming Iran sanctions

Oil prices hit a four-year high of $81.48 a barrel on Tuesday after Saudi Arabia and Russia appeared to reject calls from the US to increase production amid looming sanctions against Iranian oil.

Saudi Aramco plans change crude oil price formula

Saudi Aramco plans to change the formula used to price its long-term crude oil sales to Asia later this year, multiple trade sources said on Wednesday.

Saudi Aramco gets first non-Saudi female board member

State run Saudi Aramco, the world’s top oil company, said on Sunday it has appointed five new members to its board including a female executive, a milestone for Saudi Arabia and the oil industry where there are few women executives.

Saudis see oil price on rise as Trump blasts OPEC

Saudi Energy Minister Khaled al-Faleh said Friday the global market has the capacity to absorb higher oil prices, drawing a swift reaction from US President Donald Trump who accused OPEC of inflating prices.

Saudi Arabia and Russia consider 10 to 20 year oil alliance

Saudi Arabia and Russia are working on a long-term deal to extend their alliance on oil curbs that began in January, 2017, after a crash in crude prices.

Saudi Arabia takes first steps to more liberal society

From allowing women to drive, to the lifting of a decades-long ban on cinemas, ultra-conservative Saudi Arabia has recently taken a series of social reforms.

Saudi Arabia to cut oil exports to Asia in January

Saudi Arabia said on Monday it will trim crude exports to Asian customers in January to help accelerate the rebalancing of the international oil market.

OPEC, allies set to agree oil cut extension to end of 2018 – sources

OPEC and non-OPEC oil producers will agree at a meeting on Thursday to extend an output-cutting deal until the end of 2018, four sources familiar with the matter said.

OPEC, Russia set for oil cut extension but wary of overheating market

OPEC and Russia look set to prolong oil supply cuts until the end of 2018 this week while signalling that they may review the deal when they meet again in June if the market overheats.

Oil Price: OPEC to hold crucial meeting Thursday

OPEC is heading for tougher-than-expected policy talks on Thursday amid concern that its efforts to rebalance the oil market might overshoot by creating a global deficit and spurring a further price rally.

Donald Trump urges Saudi Aramco listing in US

President Donald Trump has urged Saudi Arabia to list the state-owned oil giant Aramco in the United States stock exchange market.

OPEC, allies regain control over oil market

OPEC and its allies have regained some control over the oil market as their production limits have eroded the supply glut that caused prices to plunge, but the IEA warned Thursday further restraint is needed if this balance is to be maintained.

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Chief of Air Staff, Air Marshal Oladayo Amao- says Service Chefs will submit to DHQ under the leadership of the Chief of Defence Staff (CDS), Gen. Lucky Irabor.

NAF chief: Terrorists’ll be brought to their knees

The Chief of Air Staff, Air Marshal Oladayo Amao, has said the Nigerian military will win the war on insecurity in the North-East and other parts of the country.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Oyo: Police rescues three abducted women after four days in captivity

The Oyo State Police Command on Friday confirmed the release of the abducted victims at Onipe, a suburb along the Ijebu-ode/Idi-Ayunre axis of Oluyole Local Government Area of the state on Monday by unknown gunmen.
The newly elected President-General of Ohaneze Ndi Igbo, Prof George Obiozor has admonished the leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu to thread cautiously his agitation for a separate country from Nigeria.

Ohanaeze: No ‘no man’s land’ in Igbo land

The apex Igbo socio-cultural organisation, Ohanaeze Ndigbo Worldwide, has warned non-Igbo indigenes residing in the South-East to erase ‘no man’s land’ from their minds.
Mexico's President Andres Manuel Lopez Obrador addresses to the nation on his second anniversary as the President of Mexico, at the National Palace in Mexico City, Mexico, December 1, 2020. Mexican President Andres Manuel Lopez Obrador has tested positive for COVID-19, he said on Sunday, adding that his symptoms were light and that he was receiving medical treatment. Photo taken December 1, 2020. REUTERS/Henry Romero

Mexico president backs extension of supreme court head’s term, sparks backlash

Mexico's Senate on Thursday voted to extend the term of the president of the Supreme Court for an extra two years, a move criticized by opposition lawmakers who called it a bid by the ruling party to strengthen its hold on the country's institutions.
A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

Kaduna: Police arrest three for criminal conspiracy, incitement, abduction

The Police Command in Kaduna State said on Friday that it had arrested three suspects for criminal conspiracy, inciting disturbances and abduction in the state.

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Chris Ngige

Nigerian government, striking doctors sign fresh agreement to end action

The Federal Government on Saturday signed a Memorandum of Action (MoA) with striking Nigeria Association of Resident Doctors (NARD) to end the action.
Minister of foreign affairs, Geoffrey Onyeama, said this in a recent interview with newsmen in Abuja.

Minister: Qatar to invest $5 billion in Nigeria’s economy

The oil-rich state of Qatar is to invest a total of $5 billion in Nigeria’s economy, the Foreign Affairs Minister, Godfrey Onyeama, has disclosed.
Governor Seyi Makinde has said that he would make history in Oyo State to be the first governor to hand over to a successor

Oyo governor urges monarchs to give titles to only credible Nigerians

Governor Seyi Makinde of Oyo State has advised traditional rulers in the country to give titles to only people of impeccable character.

2023: DESPA warns Urhobo politicians not lie to Deltans on zoning

The Delta South Political Assembly, DESPA, in Delta State, has cautioned Delta Central (Urhobo) politicians who newly floated a political movement, DC-03, to propagate the governorship quest of their ethnic group in 2023 not to mislead Deltans on the zoning formula.
Performing the ceremony in Makurdi, Gov. Samuel Ortom, said the decision to support the security agencies was in recognition of their commendable efforts at safeguarding lives and property in the state.

2023: PDP leaders have resolved not to repeat mistakes of 2015 – Governor Ortom

Governor Samuel Ortom of Benue state, Saturday said the Governors and leaders of the People’s Democratic Party, PDP, have revolved that they would not repeat the mistakes of 2015 that cost the party the leadership in the country.