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Water at Odidi struggles to flow. It sits, thick, black, and dead. For 7 months, the Trans-Forcados Pipeline at Kantu-Odidi has bled crude
The post Oil Spill in Delta: When environment is destroyed from within and without – black tide ‘swallows 216 communities’ appeared first on Vanguard News.
Reports indicated NNPC generated N2.571trn in January, N2.680trn in February and N2.774trn in March before revenue surged to N4.971trn in April
The post NNPC’s 2026 revenue hits N28.5trn, jumps 21% in August appeared first on Vanguard News.
Brent crude, the global benchmark for oil prices, rose 5.38 per cent to $95.36 per barrel on Tuesday as renewed tensions between the United States and Iran heightened fears of supply disruptions from the Middle East.
The post Oil prices rise above $95 as US-Iran tensions fuel supply concerns appeared first on Vanguard News.
Oil scaled back gains after hitting its highest price in a month on Monday as Iran said diplomatic exchanges with the United States were ongoing via mediators despite renewed conflict in the Middle East.
The post Oil eases after Iran says US contacts continue through mediators appeared first on Vanguard News.
Nigeria lost an estimated $839.22m in oil revenue in the first four months of 2026 after failing to meet its 1.5m barrels per day OPEC quota
The post Oil Revenue: Low production undermines benefits of high crude oil prices appeared first on Vanguard News.
Nigeria and oil firms have earned about $4 billion from the rise in price of crude oil triggered by the US/Israel-Iran war
The post Nigeria, oil firms earn $4bn windfall from Middle East crisis appeared first on Vanguard News.
Benchmark US oil contract WTI was up Monday after US President Donald Trump gave Iran a 48-hour ultimatum to open the Strait of Hormuz or face decimation of its energy infrastructure and Israel warned the war would continue for several more weeks.
The post WTI crude oil prices up following Trump ultimatum on Iran appeared first on Vanguard News.