The Nigerian National Petroleum Corporation’s (NNPC) board will decide on the investors for its three major refineries this month, the state oil company said on Tuesday. NNPC...
The Nigerian National Petroleum Corporation, NNPC, has cleared Total Upstream Nigeria Limited, TUPNI, from inflating the cost of the Egina project, stating that from inception the...
A stakeholder in the Oil and Gas Sector on Tuesday urged the Federal Government to make Foreign Exchange (Forex) available to genuine oil marketers to import...
A consortium of BP and Kosmos Energy has won exploration rights to two offshore oil blocks in Sao Tome and Principe’s exclusive economic zone (EEZ),...
Following the mutual resolution of all concerns between both parties, Oando Plc, has affirmed Alhaji Dahiru Mangal as a substantial shareholder of the company. Mangal owns...
The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday, commended the National Assembly for the passage of the Petroleum Industry Governance Bill, PIGB, stating that the Bill...
The Niger Delta Avengers have sworn to renew attacks on major oil installations in the oil producing region of the country. It said its aim this...
… Kachikwu, Baru Weigh Options Shipowners and other stakeholders in the maritime sector are on the verge of getting the desired change in trade terms from...
The Federal Government has said it is in search of better alternative to market and sell Nigeria crude in the international oil market. As a result...
Power, Works and Housing Minister, Babatunde Fashola, in a letter to President Muhammadu Buhari, has disclosed the termination of the concession contracts for the management of...
Crude oil prices traded a little below $70 a barrel near a three-year on signs that production cuts by OPEC and Russia are tightening supplies. Brent...
Two Chinese companies weekend held a groundbreaking ceremony to start the construction of a subsea pipeline installation for Dangote Oil Refining Company Limited in Lagos, Nigeria’s...
The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that the latest closure of the Escravos to Lagos Pipeline, ELP, for repairs following an explosion, would...
The epileptic power situation witnessed across the country since the beginning of the year is expected to worsen further, as the Nigerian National Petroleum Corporation, NNPC...
Shipments of West African oil to China are set to surge to a record in January, boosting overall fixtures heading east to their highest in at...