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Tag : Aiteo

Business

US sanctions 11 entities for aiding Iran’s oil sector

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The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping...
Business

Oil prices hold near multi-week lows on demand worries

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Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...
Business

Shell, Mobil, Agip others flare N9.24 billion gas in one month

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Pius Utomi Ekpei/AFP/Getty Images Gas flaring by five oil and gas companies operating in Nigeria, cost the country $25.66 million, an equivalent of N9.24 billion,...