Petrol futures soared Monday as Tropical Storm Harvey continued to wreak havoc on Texas, knocking major Gulf Coast refineries out of action. And while the storm...
The Nigerian National Petroleum Corporation, NNPC said it has set a 10-year timeframe for indigenous oil and gas companies operating in the country to increase their...
A Federal High Court sitting in Port Harcourt, Rivers State has ordered the arrest and detention of three crude oil drilling rigs, OES TEAMWORK, OES INTEGRITY...
Minister of Petroleum Resources Emmanuel Ibe Kachikwu said that the federal government has initiated plans to achieve 100 per cent local fabrication of modular refineries in...
Shell says it has started gas production at expanded Nigeria project. Anglo-Dutch oil major Royal Dutch Shell has said that gas production from the second phase...
The Department of Petroleum Resources (DPR) has indicated its willingness to collaborate with the Lagos State Government in its quest to develop a road map for...
Crude oil prices rose to $52, lifted by indications that supply is gradually tightening, especially in the United States. Brent crude oil was up 40 cents...
Group Managing Director of the Nigerian National Petroleum Corporation,(NNPC) Dr. Maikanti Baru has begged oil pipeline hackers to stop such nefarious act as it is hurting...
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has saved the country over $3 billion annually, since August 2015 and had been able to drag...
Nigeria Extractive Industries Transparency Initiative, NEITI, has indicted Total, NNPC, Seplat Atlas Summit oil for failing to comply with its on-going independent audit of the oil...
Shell Development company has asked youths in Niger Delta to ask their community leaders and government for development money the company has paid to several communities...
Integrated Oil and Gas Ltd and United States Trade and Development Agency (USTDA) have signed a N360 million loan agreement for the construction of a modular...
The International Energy Agency has cut the estimates for the amount of crude needed from OPEC this year and in 2018 after lowering its historical assessments of...
The recurring protest against the activities of oil companies operating in the Nigeria Delta reared its ugly head as hundreds of host communities protesters stormed a...
Nigerian National Petroleum Corporation, NNPC said that a consortium of Chinese banks have invested $250 million in the Nigerian petroleum industry. China’s growing role in African...