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Russian Energy Minister
Saudi Arabia’s Energy Minister, Khalid Al-Falih, has said that member countries of the Organisation of Petroleum Exporting Countries (OPEC) and its allies led by Russia still have a lot of work to do to balance global oil markets, and are prepared to do what is necessary in this regards in the second half of 2019.
Crude oil production will be cut by 1.2 million barrels per day from January 2019 for an initial period of six months.
The Organisation of Petroleum Exporting Countries (OPEC) and its allies agreed yesterday to cut oil production by 1.2 million barrels per day, owing to a record global crude glut and the need to halt the price slump.
Russian Energy Minister Alexander Novak has said Moscow will support Iran to counter US oil sanctions.
Oil fell in New York after U.S. President Donald Trump criticized OPEC and said crude prices are “artificially Very High.”
Russia intends to fulfill its responsibilities under the deal of the member states of the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC countries on the oil output freeze in April.
Lagos has been a safe heaven for Nigerians and Super Eagles winger Samuel Kalu recognises that as he relocated his family to Lagos following the increasing rate of kidnapping in the South East.
Kalidou Koulibaly has reiterated his desire to remain with Serie A side Napoli beyond the end of the 2018-19 season amid reported interests from several European heavyweights.
The Ministry of Labour and Employment has accused the Nigeria Labour Congress (NLC) of disrupting the inauguration of the new board of the Nigeria Social Insurance Trust Fund (NSITF).
Former Senate Minority leader, Godswill Obot Akpabio, has denied allegations that he called the All Progressives Congress (APC) evil and was considering returning to the Peoples Democratic Party (PDP).
Chelsea beat Slavia Prague 4-3 in a thrilling encounter to book their place in the Europa League semi-finals despite an alarmingly complacent second-half performance at Stamford Bridge on Thursday.
Kieran Trippier has been critical of his form with Tottenham this season, saying he has watched games back and asked "what are you doing?".
The ruling All Progressive Congress (APC) has told the Presidential Election Petition Tribunal that the candidate of the People’s Democratic Party (PDP), Alhaji Atiku Abubakar, is not a Nigerian and therefore not qualified to have stood for the election.
No fewer than one hundred and three senior Military officers including paramilitary officers have been inducted into the Nigerian Institute of Management (NIM).
The headquaters of the Evangelical Church Winning All (ECWA) has expressed worry over the increasing cases of kidnapping and banditry across the country.
Nigeria’s Excess Crude Account (ECA) has been ranked as the most poorly governed among similar funds operated by resource-rich countries in Sub-Saharan Africa, a new report by the Natural Resource Governance Institute (NRGI) has shown.