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Fierce competition will keep petrol price moderate – marketers

Against the backdrop of the full deregulation of the nation’s downstream oil sector, major oil marketers have said fierce competition will moderate the pump prices of petrol.

IPMAN calls for local refining to fix petroleum sector

Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its refineries, the problems in the petroleum sector will persist. Ogundoyin stated this...
U.S. Secretary of State Mike Pompeo on Wednesday renewed the Trump administration’s criticism of China’s early handling of the coronavirus outbreak.

US sanctions 11 entities for aiding Iran’s oil sector

The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping Iran export petroleum products .
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Oil prices hold near multi-week lows on demand worries

Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19 pandemic was lagging.

Full list: 132 firms bid for NNPC’s crude oil swap

The NNPC, Nigeria’s state owned oil giant, Thursday announced that 132 companies had submitted bids for the 2019 crude for refined products programme tagged Direct Sale, Direct Purchase (DSDP).
Fighting between a militia allied with Libya's internationally recognised government fight and two rival groups left some families trapped in their homes [Hani Amara-Reuters]

Armed group blocks key oil field in Libya

An armed group has seized one of Libya's largest oilfields in the country's southwest, the state-owned National Oil Corporation said on Monday.
Smoke and flame rise from an oil storage tank that was set on fire amid fighting between rival factions at Ras Lanuf terminal, Libya in this handout picture released on June 18, 2018. The National Oil Corporation. Handout via Reuters

Libya state oil company shuts terminal after attack

Libya's state oil company said on Tuesday that it has halted crude exports at its Zawiya terminal due to falling production after an attack in which four workers were kidnapped.

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Liverpool manager Juergen Klopp reacts, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) Paul Ellis-Pool via REUTERS

Jurgen ​Klopp delighted with Liverpool resilience after Aston Villa mauling

Liverpool boss Jurgen Klopp was very happy with the way his team responded to a drubbing at the hands of Aston Villa.
Erling Haaland has emerged as a potential candidate for Real Madrid with the Spanish giants having doubts over long-term target Kylian Mbappé.

Ariedo Braida: Barcelona rejected Erling Haaland because ‘he doesn’t have our profile’

Former Barcelona chief Ariedo Braida admits he tried to sign Inter Milan star Nicolo Barella for the Catalans.

Britain reopens visa application centers in Nigeria

The United Kingdom High Commission has announced that its center’s across the country has reopened.
Nigeria’s Private Sector led Coalition Against COVID-19, CACOVID, yesterday formally announced the flag-off of a nationwide distribution of multi-billion naira food palliative and other relief items to vulnerable Nigerians.

CACOVID: Looted palliatives awaiting distribution

Most of the looted palliatives in warehouses across the nation were awaiting distribution to over 2 million vulnerable households, the private sector-led Coalition Against COVID (CACOVID) has explained.
Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.

#EndSARS: Police parade two minors, four others for arson

Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.