The United States is set to announce a new set of sanctions against North Korea in a bid to curb its nuclear programme a white house...
At a time when oil is becoming less attractive in the global economy, Nigerian National Petroleum Corporation, NNPC said it has extended the search for crude...
Oil rose on signs the pace of U.S. stockpile gains is slowing as refiners resume operations after Hurricane Harvey, boosting crude demand. Futures climbed as much as...
Nigerian National Petroleum Corporation, NNPC in compliance with federal government directive that Nigeria will stop importing petroleum product by 2019 has inaugurated eight committees to work...
The Office of the Auditor-General of the Federation has queried the Ministry of Petroleum Resources for contract splitting, violation of procurement process and other malfeasance to...
Brent crude futures were up 11 cents at $54.31 a barrel, close to their highest since May 25, while U.S. West Texas Intermediate crude futures fell...
Nigerian National Petroleum Corporation NNPC, in collaboration with one of its Joint Venture partner ExxonMobil is making moves to lift Nigeria’s crude oil production. NNPC said it...
Oil prices rose on Wednesday as strong global refining margins and the reopening of U.S. Gulf Coast refineries provided a more bullish outlook after sharp drops...
United States has been hit by petrol or gasoline shortage as the effect of Tropical Storm Harvey and the flood it brought to Texas and environ...
The Nigerian National Petroleum Corporation, NNPC has said that its sustained intervention in the downstream sector of the petroleum industry has forced down the price...
THE Nigeria Union of Petroleum and Natural Gas Workers, NUPENG has rejected threat by oil marketers to embark on mass sack of workers, over unpaid subsidy...
OPEC oil output dropped lower in July, as renewed unrest cut supplies in Libya and other members stepped up compliance with a production-cutting deal. A dip...
The Federal Government is said to be owing the Niger Delta Development Commission (NDDC) the sum of N1.8 trillion since its inception 17 years ago. Mr...
The Federal Government said it has signed agreement with Greenville Energy and the Nigerian National Petroleum Corporation/Total Exploration and Production Nigeria, TEPNG, Joint Venture for the construction...
The Nigerian National Petroleum Corporation, NNPC has announced major restructuring in its operations with the appointment and redeployment of 55 key executives in its refineries and...