Energy Intelligence
Saudi Aramco profits dive 73% as coronavirus batters oil demand
Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercuts global demand.
Recent Stories
NUJ calls for Sheikh Gumi’s arrest
The Nigeria Union of Journalists (NUJ), on Friday, called for the arrest of Sheikh Ahmad Gumi, for saying journalists are criminals for calling bandits criminals.
Nigerian government to launch new pricing framework for gas operations
The chairman of National Gas Expansion Programme (NGEP), Mohammed Ibrahim, says the federal government will launch a new pricing framework to regulate operations in the gas sector.
Wolves boss ‘confident’ Raul Jimenez will return this season
Wolves manager Nuno Espirito Santo is "totally confident" Mexico striker Raul Jimenez will be back from his fractured skull before the end of this season.
OPC nabs four ‘kidnappers’ in Ibarapa
The Oodua Peoples Congress, OPC, in Oyo State said yesterday that it arrested four suspected Kidnappers in the Ibarapa, area of the state.
WHO: Countries threaten global COVAX vaccine supply by making own deals
Countries seeking their own vaccine doses are making deals with drug companies that threaten the supply for the global COVAX programme for poor and middle-income countries, the World Health Organization said on Friday.
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IGP decorates three newly promoted DIGs
The newly promoted Deputy Inspectors General of Police, Tijani Baba, Zanna Mohammed Ibrahim, and Moses A. Jitoboh, were Monday decorated with their new ranks.
PDP chair urges Rep Elumelu to reinvigorate opposition in green chamber
As part of reconciliatory moves, the leadership of the Peoples Democratic Party (PDP) has met with the minority leader of the House of Representatives, Hon. Ndudi Elumelu and recognised him as the leader of the party in the green chamber.
Nigerian government urged to lift embargo on employment into civil service
The House of Representatives has urged the Federal Government to lift the embarg on employment into Federal Ministries, Departments and Agencies.
SERAP asks President Buhari to explore other options instead of selling national assets
The Socio-Economic Rights and Accountability Project (SERAP) yesterday advised the Muhammadu Buhari Administration to explore other options to raise funds to fund the budget instead of selling national assets.
CBN, NFIU reverse $3 million cryptocurrency fraud
The Central Bank of Nigeria and the Nigerian Financial Intelligence Unit has reversed a $3 million fraud back to a country.