Oil prices fell with Brent dropping by more than $1, after the United States said it would consider requests for waivers from sanctions due to snap...
U.S. President Donald Trump, who called on OPEC producers to reduce oil prices, has caused prices to rise through his tweets, Iranian OPEC Governor Hossein Kazempour Ardebili...
The Deputy Managing Director (Deep Water) TOTAL Nigeria, Mr Musa Ahmadu-Kida has said that with the right policies, local content in Nigeria would flourish and drive...
U.S. benchmark oil futures rallied, topping $70 a barrel for the first time in more than a month. News that the U.S. is pushing for countries...
The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Muhammad Barkindo, has dismissed suggestions that pressure by Mr Donald Trump, US President, played a...
Nigeria Extractive Industries Transparency Initiative (NEITI) has cried out over to lopped sided sharing arrangement between the NNPC and oil major saying there is the urgent...
Oil price rose sharply after the Organisation of Petroleum Exporting Countries (OPEC) agreed a modest increase in oil production from next July. This was sequel to...
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, said the corporation had signed over three billion dollars oil and gas development deal to...
Oil prices rose on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity in oil producer Libya. U.S. crude...
Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting the market could absorb...
The Transmission Company of Nigeria (TCN) has said that gas supply to generating stations had built up gradually after the Nigeria National Petroleum Corporation (NNPC) restored...
Transmission Company of Nigeria (TCN) has shut down six thermal power generating stations to enable the Nigeria Gas Company (NGC) pipeline carry out repair work on...
US President Donald Trump has accused the Organisation of Petroleum Exporting Countries(OPEC) of driving up oil prices, in a fresh swipe at the cartel’s agreement to...
Nigeria’s oil exports are expected to fall in July to just 1.43 million barrels per day (bpd), loading plans showed on Monday, the lowest level so far this...
Vice President Professor Yemi Osinbajo has said that oil and gas are only guaranteed as today’s resources, and not necessarily tomorrow’s. Speaking at the extraordinary session of...