Marketers of Liquefied Petroleum Gas (LPG), under the aegis of Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), have raised alarm over indiscriminate hike in the...
Total is seeking to sell its 12.5 per cent stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources said, in...
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the corporation saved more than three billion dollars from arbitrations. Kyari made this...
A principal witness, CSP Umar Babangida, has alleged that Grace Taiga, a former director, Legal Services in the Ministry of Petroleum Resources, played a major role...
Governor of California, Gavin Newsom, has appointed a Nigerian, Uduak-Joe Ntuk, as the State Oil and Gas Supervisor, responsible for managing the Division of Oil, Gas...
The Federal Government says it will support the 650,000 barrels per day capacity Dangote Refinery and Petrochemicals Plant with crude oil feed stock and other necessary...
By Omoh Gabriel President Buhari assenting to Bill amending Deep Offshore (and Inland Basin Production Sharing Contract) Act, assisted by Chief of Staff Abba Kyari. Nigeria...
(Reuters) – Oil trader Vitol has quit a consortium that was set to buy a stake in two Nigerian oil fields from Brazil’s Petrobras, its former...
By Omoh Gabriel World Bank Group has projected crude oil prices to average $60 per barrel in 2019 and weaken to $58 per barrel in 2020....
(Reuters) – Brazilian President Jair Bolsonaro said on Wednesday that he wants his country to join OPEC, a move that would add the most significant new...
The Programme Manager, National LPG Expansion Plan, Mr Dayo Adeshina said the Federal Government was targeting the consumption of five million tons of Liquefied Petroleum Gas...
(Reuters) – Chevron is seeking to sell several Nigerian oilfields as part of a global drive to reshape its portfolio as it focuses on growing its...
Federal Government is making moves to recover $62 billion from oil companies under regulations that allow the government to revisit revenue-sharing deals on petroleum sales if...
The Nigeria Extractive Industries Transparency Initiative (NEITI), says metering infrastructure of the oil and gas sector is the only way to ensure accurate measurements of daily...
Nigerian crude exports is said to be facing a difficult demand picture as delays and freight costs weigh on crude exports. According to a report from...