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It’s Illegal for States to Issue EIA Certificates – FG

The issuance of Environmental Impact Assessment certificates by state governments is illegal, the Federal Government has said. It stated this following the rising cases of issuance of EIA certificates by different agencies of state governments, stressing that it was the sole responsibility of the Federal...

Oil Prices Up 2% after Third Surprise Weekly US Crude Drop

The prices of crude oil in the international market rose by two per cent Wednesday after a surprise drop in crude stockpiles reported by the United States Government for a third week in a row. Brent crude futures were up 1.8 per cent Wednesday to...

United States Oil Import from Nigeria Drops to 4.7 mb

African nation’s total petroleum sales decline to 59.3mb in May The United States (U.S.) crude oil import from Nigeria has declined from the 10.125 million barrels it recorded in April to 4.755 million barrels in May.This is because, the U.S. has also begun exporting crude...