Latest in Nigeria's Oil
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Oil drops further as fears of global recession rise
Trump welcomes fall in oil price as he signals he is pushing ahead with sweeping tariffsFinancial Times - 2d -
Nigeria struggles to rein in meningitis outbreak that has killed at least 150
Nigerian health authorities are struggling to contain a rapidly spreading meningitis outbreak that has so far killed 151 people across the west African nation, mostly in remote parts of the ...ABC News - 23h -
Trump touts falling oil prices, borrowing costs. Experts say they're warning signs.
Oil prices and treasury yields plummeted recently as tariffs roiled markets.ABC News - 1d -
‘Wait, Baby, Wait’: Slumping Oil Prices Reflect Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.The New York Times - 5d -
Oil Executives Refrain From Publicly Criticizing Trump or His Tariffs
Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everybody’s afraid.’The New York Times - 1d -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 6d -
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 2d -
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.The New York Times - 3d -
Wonder drug or waste of money? The truth about fish oil supplements
We asked experts on what are the benefits and risks of taking the highly touted supplement. This is what they said. Fish oil is a perennial wellness topic, partly because there’s so much ...The Guardian - 2d -
Oil Production Slides and Job Cuts Rise as Tariff Costs Bite
The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.Inc. - 1d -
Los Angeles Basin has little untapped oil left: USGS
Only minimal amounts of untapped oil and gas resources remain in the historic Los Angeles fossil fuel production basin, according to the U.S. Geological Survey (USGS). New estimates released by ...The Hill - 19h -
The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble
The countries of the GCC — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world's proven crude oil reserves.CNBC - 1d -
Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.CNBC - 4h -
She Accused the Senate President of Harassment. The Backlash Was Swift.
Senator Natasha Akpoti-Uduaghan said Nigeria’s third most powerful politician punished her for not heeding his advances, but that she won’t be stopped.The New York Times - 5d -
Greenpeace raises threat of new legal challenge to UK oil and gasfields
Developers will have to reapply for consent for Rosebank and Jackdaw projects after landmark Finch rulingFinancial Times - 3d -
What Trump’s return to ‘maximum pressure’ means for Venezuelan oil
The US president’s moves pose a major challenge to crude production in the South American nationFinancial Times - 2d -
Keystone oil pipeline shut down after "mechanical bang" reported
An employee on a pump station heard what was described as a mechanical bang early Tuesday morning, an official told CBS News.CBS News - 1d -
UK investigating claims green fuel contains virgin palm oil
The BBC finds evidence of fraud in the production of a "green" diesel meant to cut emissions.BBC News - 1d -
Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence
Crude prices climbed back above $60 a barrel as investors breathed a sigh of relief.The New York Times - 17h -
Oil price plunge puts US shale production in peril
Trade war and Opec output surge create toughest challenge since the Covid-19 pandemic, executives sayFinancial Times - 10h -
Plunge in Oil Prices Threatens Russia’s Vast Spending on Ukraine War
The lower revenues, a result in part of President Trump’s trade war, could prove more damaging to the Russian economy than the penalties the United States and its allies have already imposed.The New York Times - 47m -
African players in Europe: Iwobi ends goal drought to help sink Reds
Nigeria international Alex Iwobi scored for the first time in 15 matches in all competitions to help Fulham shock Premier League leaders Liverpool 3-2 at the weekend.Here, AFP Sport highlights ...Yahoo Sports - 3d -
Juventus turn to Lookman after Osimhen-Man United doubt: Atalanta set asking price
Juventus have begun to turn their attention to Nigeria international Ademola Lookman ahead of the summer transfer window, as doubts arise surrounding another Bianconeri target in Victor Osimhen, ...Yahoo Sports - 1d -
Green activist group is pausing work after backlash by investors
Dutch group Follow This says it will not file any resolutions against oil and gas companies this AGM season. A green shareholder activist group has decided to “pause” its work pushing oil companies ...The Guardian - 7h -
U.S. crude rallies more than 4% after Trump lowers tariffs for countries except China
Traders have been worried the world is descending into a full-blown trade war that will trigger a recession, hitting crude oil demand.CNBC - 18h -
What next for climate activism now Just Stop Oil is ‘hanging up the hi-vis’?
After three years, thousands of arrests and a state crackdown on protests, the group is ending direct action after a polarising campaign. On the morning of Valentine’s Day 2022, Hannah Hunt stood ...The Guardian - 5d -
U.S. crude oil closes below $60 per barrel as selloff continues on fears of full-blown trade war
The market faces a "toxic cocktail" of recession fears and the decision by OPEC+ to increase production, said Helima Croft with RBC Capital Markets.CNBC - 1d -
U.S. oil falls back below $60 per barrel as traders focus on escalating U.S.-China trade war
Trump's decision to increase tariffs on China, the world's second-largest economy and biggest crude importer, to an eye-watering 125% weighed on the market.CNBC - 30m -
Turkey sees opportunity in tariff turmoil, finance minister says
Mehmet Şimşek argues cheaper oil can help rebuild foreign reserves and ease inflation after sell-off last monthFinancial Times - 2d -
Trump Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’
President Trump’s tariff polices have sent oil prices falling, which may push energy companies to reconsider their plans to drill.The New York Times - 1d -
Venezuela’s criminal state and the human wreckage it creates
The U.S. has imposed a 25 percent tariff on Venezuelan oil in response to Nicolás Maduro's refusal to take back deported Venezuelan migrants, and the tariff could lead to the regime's decline by ...The Hill - 2d -
Keystone pipeline shut down after rupture
The Keystone oil pipeline was shut down Tuesday morning after a rupture in North Dakota halted the flow from Canada to U.S. refineries. South Bow, which manages the pipeline, said it was shut down ...The Hill - 1d -
Despite Trump's fossil fuel embrace, some moves rankle industry
While President Trump has pledged to be a friend to the fossil fuel industry and taken steps intended to bolster it, several of his recent moves have garnered pushback from oil, gas and coal ...The Hill - 1d -
Gabon will hold its first presidential election since the 2023 military coup
The oil-rich central African nation of Gabon on Saturday will hold its first presidential election since a 2023 military coup ended a political dynasty lasting over 50 yearsABC News - 21h