The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that by June, the oil industry would have a clear fiscal...
In a bid to further the local content of oil and gas in the country Nigerian vendors are to supply 55 per cent of all procurement...
The daily average natural gas supply to gas-powered plants in November 2019 increased by 16.53 per cent to 645 mmscfd, the Nigerian National Petroleum Corporation (NNPC)...
OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on demand from the...
Royal Dutch Shell’s Nigerian subsidiary SPDC lifted a force majeure on Bonny Light crude oil exports on Friday, a spokesman said. It had been in effect...
The former Attorney-General of the Federation, Mohammed Adoke, and six other co-defendants charged with 42 counts in connection with the controversial 1.09 billion dollars settlement agreement...
Nigerian oil firm Lekoil has reached a deferred payment deal to keep ownership of an oilfield, the company said in a statement, after it discovered the...
Africa-focused fintech firm Flutterwave said that it has raised $35 million and is partnering with WorldPay and Visa in its bid to expand its operation in...
The Minister of State for Niger Delta Affairs, Senator Tayo Alasoadura, has said the dissolution of the recently screened board of the Niger Delta Development Commission...
Surging oil production from non-OPEC countries led by the United States along with abundant global stocks will help the market weather political shocks such as the...
Trading in shares of Nigerian oil company Lekoil was suspended on the London Stock Exchange on Monday when the company said it had discovered that an...
The Department of Petroleum Resources (DPR), says plans are ongoing to grant Niger Delta Petroleum Resources Ltd. (NDPR) licence to operate its 1000 barrel per day...
By Justina Gabriel with Agency report Oil prices climbed after a rocket attack on Baghdad triggered fresh concern over the potential for conflict in the Middle...
OPEC oil output fell in December as Nigeria and Iraq adhered more closely to pledged reductions and top exporter Saudi Arabia made further cuts ahead of...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Chevron branch has called for the removal of the Chairman and Managing Director (CMD) of...