As it prepares to roll out in 2019, Dangote Oil Refining Company (DORC), has taken delivery of one of the major components of its refinery equipment,...
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says non-compliance to regulations by operators in the oil and gas sector hinders growth in...
Crude oil prices rose by more than 1.5 per cent in the international market on expectation that talks in Beijing can resolve a trade war between...
A Nigerian militant group said on Sunday it had carried out an as yet unconfirmed warning strike on an oil facility owned by local energy firm...
Oil cargoes departing from Nigeria to the United States fell to 103,000 bpd in December, 2018 down by 48,000 bpd, new data has shown. The drop...
Nigeria’s daily crude oil production has recovered and 2.09million barrels in 2018, translating to a 9 per cent rise in production. This when compared with the...
The Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, says the Federal Government has no plans to increases the price of Premium Motor Spirit...
OPEC members and 10 other oil producing nations have agreed to cut output by 1.2 million barrels a day in a bid to boost prices. Energy...
Royal Dutch Shell has concluded that a Nigerian oilfield sale where it suspects an executive took bribes was not linked to a separate court case in...
Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by the Organisation of the Petroleum Exporting Countries...
Qatar has resolved to leave OPEC from January 2019 but would attend the oil exporter group’s meeting this week. The decision meant Doha could focus on...
The International Energy Agency (IEA) predicts that by 2035, developing nations will constitute 80% of total global energy production and consumption alike. A greater portion of...
Oil marketers have in Lagos gave the Federal Government seven-day ultimatum to settle outstanding debts totalling N800 billion, failing which depots would cease operation across the...
Saudi Arabia Crown Prince Salman and President Putin: strikes agreement on oil output cut President Vladimir Putin said that Russia and OPEC biggest producer, Saudi Arabia...
As part of its strategic aspirations to drive maximum value from Nigeria’s abundant natural gas resources, the Nigerian National Petroleum Corporation (NNPC) is targeting 10 per...