...Oil firms suspend operations as PIB passes second reading in Senate Barely a few hours after the dialogue between President Muhammadu Buhari and critical stakeholders of the Niger Delta to resolve the crisis in the region, unrepentant militants Tuesday night bombed the Trans Forcados Pipeline...

Following the incessant production outages and force majeure declared on exports of some grades of Nigerian crude oil, which have created supply uncertainty to the major buyers of Nigeria’s crude oil, mostly foreign refineries, the refineries from India to the United States are backing...