Nigeria National Petroleum Corporation NNPC, has said that the federal authorities are aware of the lodgement of $232 million in three Nigerian Banks not seven as...
The sale of Kolawole Akanni Aluko’s plum penthouse condominium, real estate and luxury yacht in the U.S was delayed at the last minute after a new...
Landing cost of fuel now stand at N180 per litre while the pump head price is N145 leaving a gap of N35 per litre which the...
Brent crude oil price rose to $49.44 per barrel as a result of a report that showed a bigger weekly draw down on United States of...
The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday the low saving culture of the country and also faulted the Federal Government over the structure of the...
Oil inches toward $49 a barrel after fewer drilling rigs were added in the United States last week, helping ease concerns that surging shale supplies will...
Nigerian National Petroleum Corporation has asked the relevant authorities to hold the Department of Petroleum Resources accountable for the adulterated kerosene in circulation in the country...
Crude oil price inched up one per cent as a result of a supply interruption in Nigeria which saw prices moving toward a weekly gain...
Chairman Capital Oil, Chief Ifeanyi Ubah has paid N2 billion to Nigerian Nation Petroleum Corporation as part refund for product diversion in which he is under...
OPEC said in its monthly report that oil production jumped in June and predicts that global demand for members crude supply will decline next year as...
Federal Government has adopted a new programme that will result in significant reduction in gas flaring activities in the country. The government said it would encourage...
Nigeria crude that has been waiting for buyers in the high seas recorded some success as tender from Indian absorbed some of the overhang on Friday...
Nigerian crude for August loading is proving slow to find buyers amid rising supply, Reuters quoting oil trading sources has reported. The report said the supply...
Nigerian National Petroleum Corporation, NNPC has accused Gencos of rejecting gas supply. Group Managing Director of the NNPC, Mr. Maikanti Baru, lamented that despite efforts at...
Nigerian National Petroleum Corporation, NNPC has signed a $700 million agreement with First Exploration & Production and Schlumberger for the development of two oil fields in...