In its bid to refocus its operations, Nigerian National Petroleum Corporation (NNPC) said it will commercialise some of its critical Information Communications & Technology (ICT) infrastructure as...
Minister of State for Petroleum Resources Mr. Ibe Kachikwu has said that Federal Government would commence payments of Joint Venture Cash Call arrears to international oil...
Royal Dutch Shell has said it knew that some of the payments it made to Nigeria for the rights to an oilfield would go to Malabu...
Trading giant Vitol said it has has sold millions of barrels of Nigerian crude oil from storage in South Africa’s Saldanha Bay, according to oil traders,...
The BBC said it has seen evidence that top executives at Shell knew money paid to the Nigerian government for a vast oil field would be...
Nigeria National Petroleum Corporation depot at Mosimi has reopen and resumed loading after almost a year, when a major pipeline was vandalised in May 2016, NNPC...
Crude Oil price rose above $55 a barrel on Monday, supported by another shutdown at Libya’s largest oilfield and heightened tension over Syria following the U.S....
Two oil majors Royal Dutch Shell and Eni have again said neither they as corporate entity nor their personnel had been involved in any wrongdoing in...
Nigeria will raise quality standards on its imported petrol, diesel and kerosene from July 1, a change health campaigners have long said is necessary to protect...
*We will engage on basis of trust-VP *Meets Gbaramatu leaders & US investors on proposed project As implementation efforts on President Muhammadu Buhari’s New Vision for...
UK Supreme Court has granted Nigerian National Petroleum Corporation NNPC over $100 million relief. NNPC management said it got the reprieve in a unanimous judgment by...
Indications are that the federal government may soon review the pump price of fuel from the current N145 per litre to N150. This was part of...
Indications are that Nigeria may be plunged into another round of fuel scarcity as a result of the decision of PETROLEUM Tanker Drivers, PTD, branch of...
Federal government plans to convert holdings of illegal refiners to share holdings in the proposed modular refineries to be set up soon. This is part of...
The head of a group helping organise Shell’s clean-up efforts in an oil Delta community in Nigeria said on Friday he was hopeful clean-up work after...