The Kaduna Refining and Petrochemical Company (KRPC) has shut down operations on Jan. 15, due to the non-availability of crude oil. The Executive Director, Services (EDS),...
Edo State Governor, Mr Godwin Obaseki, has pledged to provide all necessary support to Chinese consortium comprising Peiyang Chemical Equipment Company and Sinopec Oil and Gas...
The Edo State Government has intensified efforts to ensure that petroleum products are sold at the regulated pump price of N145 per litre, following steady supply...
Income accruing to the country from rising oil prices in the international market will be spent on infrastructural development, President Muhammadu Buhari has pledged. Receiving a...
Oil prices hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued...
The Nigerian National Petroleum Corporation, NNPC, Total Upstream Nigeria Limited, TUPNI and its partners said they have taken delivery of Egina Floating, Production, Storage and Offloading...
The Nigerian National Petroleum Corporation (NNPC) earned $239.10 million from the export of crude oil and gas in November, 2017. The sales record was released in...
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...