(Reuters) – Exports of the four largest grades of Nigerian crude oil will rise to 879,608 barrels per day in December, the highest since April this year,...
(Reuters) – Two former executives of collapsed oil firm Afren have been convicted of fraud and money laundering offences relating to a $300 million business deal,...
Saudi Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers and will isolate oil from politics, the Saudi energy minister said amid...
The Minister of State for Environment, Alhaji Ibrahim Jibril, said on Monday that the Federal Government was set to commence the clean -up of oil spills...
Chief Executive Officer, AfriPERA, an Energy and Infrastructure Policy research organisation, Mr Chinedu Onyeizu, said that Nigeria is losing about $2.5 billion annually from gas flaring in...
Nigeria National Petroleum Corporation NNPC has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel needs, until June 2019,...
Nigeria National Petroleum Corporation NNPC has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel needs, until June 2019,...
Trafigura executives expect more upward pressure on global oil prices next year as rising U.S. shale output will not be able to fill a gap in...
The Nigerian National Petroleum Corporation (NNPC) has denied claims that it has in its custody 3.5 billion dollars Subsidy fund. NNPC Group General Manager, Group Public...
Presentation made by OPEC secretary General at 2018 IMF\World Bank Annual Meetings The Organisation of the Petroleum Exporting Countries would like to update the distinguished delegates...
Polish oil refiner PKN Orlen expects to receive a first ever shipment of Nigerian crude oil next month, its CEO said, as Poland seeks to reduce...
The Nigerian National Petroleum Corporation (NNPC) said that crude oil and gas export earned Nigeria a total $416.07 million in June, 2018 which is 35.78 per...
Shipments of West African oil to Asia are set to hit a two-month high in October as Chinese refineries scramble for alternatives to Iranian crude before U.S....
With oil prices hitting fresh four-year highs of over 85 dollars, long-dormant proposals to allow the United States to sue OPEC nations are getting a...
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N18.12 billion for May 2018, a performance which is relatively higher than the trading...