A $200 million fund put in place by the Nigerian Content Development and Monitoring Board (NCDMB) is now ready for disbursement at single digit interest rate....
The Nigerian National Petroleum Corporation (NNPC) says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day. The Corporation disclosed...
The National Bureau of Statistics (NBS) has said that Nigeria imported165.71 million litres of Liquefied Petroleum Gas (LPG) in the second quarter of 2018. The NBS...
Nigeria’s oil exports are expected to rise to their highest in four months in October, thanks to supply of several larger grades coming back online following a...
World Energy News has reported that Nigerian crude exports to Asia hit 664,000 barrels per day (bpd) in July, the highest in two years just as...
Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, has said that NLNG’s planned Train seven Project, that could increase production output...
The Nigerian National Petroleum Corporation (NNPC) has said that the execution of the strategic Ajaokuta-Kaduna-Kano gas pipeline project is 100 per cent contractor finance. The Corporation...
Nigerian National Petroleum Corporation (NNPC) has hinted of plans to establish a 100,000-barrels-per-day brownfield refinery each in Port-Harcourt and Warri. A press release by the Corporation’s...
The Centre for Petroleum Information (CPI) at a Petroleum Policy Roundtable held in Lagos warns that as long as Nigeria fails to develop its gas sector...
Gloomy months lie ahead of Nigeria and other crude oil exporters as OPEC on Monday forecast lower demand for crude next year. The forecast came as...
Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC) have signed five agreements to expedite the development of a project aimed at delivering about...
The Dangote Group has debunk reports that its refinery being built in Lekki, Lagos Nigeria, will miss its production target date in 2020 as planned. Executive...
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), has said that the lack of proactive measure by the federal government was responsible for lull in economic...
Stocks across Asia advanced on Monday as China’s efforts to stop sharp declines in its currency and capital flight supported wider sentiment in the region while...
Asian spot liquefied natural gas (LNG) prices rose for a second consecutive week as sizzling high temperatures continued to grip Japan, the top buyer of the...