A group known as Partner For Petroleum & Energy Sector Prosperity Initiative (P-PESPI) has called on President Buhari to urgently escalate his intervention to stop criminals...
The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019. This represented an increase of 54 per cent compared to ₦8.59 billion...
Oil prices rose more than 20 per cent this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks...
Brent crude oil rose by 28 cents, or 0.4 per cent, at $67.48 a barrel in the future market just as West Texas Intermediate was up...
Nigerian National Petroleum Corporation NNPC, has said it will increase its stake in a Chevron-operated gas-to-liquid refinery to 60 per cent as part of a cost...
The Federal High Court, Abuja has ordered the transfer of Soku oil field from Bayelsa to its rightful owner, Rivers. Justice Inyang Ekwo gave the order...
Vitol, an oil and gas trader agreed to buy Nigeria liquified gas in the next ten years. This at current market price, going by In-depth on...
The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude oil theft in the nation’s Oil...
Waltersmith modular refinery, a 5,000 barrels per day production capacity facility being promoted by Nigerian Content Development and Monitoring Board (NCDMB), will commence operations in July...
The Nigerian Liquefied Natural Gas( NLNG) says it is 97 per cent ready to take Final Investment Decision (FID) on its capacity expansion project, the Train...
Executive Secretary, Nigerian Content Development and Monitoring Board (NCDM), Mr Simbi Wabote, says the 650,000 barrels per day Dangote Refinery project is an actualisation of Local Content...
Oil producers from the Organisation of the Petroleum Exporting Countries (OPEC) are unlikely to agree to change their current deal on curbing output until the market...
The Minister of State for Petroleum Resources, Chief Timipre Sylva says Nigeria has meet the 100 per cent target agreement entered into by Oragnisation of petroleum...
The Nigeria Extractive Industries Transparency Initiatives (NEITI), says Nigeria earned $21 billion from the oil and gas sector in 2017. NEITI said this in its 2017...
The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 MTPA of Liquefied Petroleum Gas (LPG)...