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)...
The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, have concluded plans for the commencement of work on the...
The Nigeria Extractive Industries Transparency Initiative (NEITI) says it will sign a Memorandum of Understanding (MoU) with the Economic and Financial Crimes Commission (EFCC) to strengthen...
The Lagos State Emergency Management Agency (LASEMA) Response Team said it had taken measures to minimise the risk of explosion from a leaking pipeline at Baruwa...
OPEC’S share of India’s oil imports fell to 73 per cent in October, its lowest monthly share since at least 2011, tanker data from sources showed,...
Crude oil price rose after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production...
Nigeria is producing 1.6 million to 1.7 million barrels per day (bpd) of crude oil, the chief operating officer of the Nigerian National Petroleum Corporation said...
Lower prices and increasing competition for investment are driving many African states to make it easier and cheaper for overseas companies to keep their oil and...
The Nigeria Liquidified Natural Gas (NLNG) says it will begin to discharge cooking gas to the New Oil Jetty (NOJ) terminal in Lagos just as the...
Oman said that the Organisation of the Petroleum Exporting Countries (OPEC) and allied oil producers could extend a deal to limit crude supply but may not...