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Oil & Gas Summiteer

Petrodollar ‘bankers’ awry plans in whistle-blowers dens

Twenty one years after Babangida left office thoughts on thievery from the privileged class in Nigeria continued smartly and with sophistries

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Tillerson’s diplomatic foray and end to bellicosity

The global focus on Donald John Trump who takes office as the 45th President of the United States of America next Friday shifts to Rex Wayne Tillerson who is in line as the next United States Secretary of State. Tillerson was nominated to the position of the highest diplomat in American communication and relationships management from the petroleum super major ExxonMobil where he was Chairman and Chief Executive Officer.

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Petroleum problem child: One year blithe deregulation

The Organisation of Petroleum Exporting Countries, OPEC a fortnight ago got producers to cut production from January 1, 2017 to shore up the price of crude in the international market. OPEC and non-OPEC producers again last Saturday reached a deal to jointly have an oil freeze to ease the global glutted market since July 2014. Nigeria was exempted from production cuts to make up for lost grounds occasioned by militancy in the Niger Delta since February 2016.

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