Rivers State Government has dismissed reports that the governor of the state, Sir Siminialayi Fubara, has shut down the office of the Nigeria National Petroleum Company...
The Special Adviser to the President on Energy, Olu Verheijen, has expressed confidence in the ability and commitment of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...
Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and on reports that OPEC+...
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), said Nigeria’s refining sector has expanded following the issuance of nine Licenses to Establish (LTEs), seven Licenses to...
World Bank Group has said in its latest Commodity Markets Outlook that “global commodity prices are set to tumble to a five-year low in 2025 amid...
Nigeria has blocked Shell’s sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, Nigeria Upstream Petroleum Regulatory Commission...
Nigeria’s oil regulator has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields to Renaissance group because the buyer is not qualified to manage the...
The House of Representatives has called on the federal government to reverse the recently increased prices of premium motor spirit otherwise known as petrol, and cooking...
Oil prices fell early on Tuesday morning as fears faded of Israel striking Iranian oil facilities and traders refocused on growing demand concerns. Oil prices tumbled...
The Organisation of the Petroleum Exporting Countries on Monday cut its forecast for growth in oil demand for this year and 2025. In its monthly report,...
Pipeline Infrastructure Nigeria Ltd (PINL) has uncovered a logistics company at Eleme, Rivers State suspected to have been used as a camouflage for illegal bunkerers on...
Prime Minister of Grenada, Dickon Mitchell, has described the Dangote Petroleum Refinery and Petrochemicals as a significant investment in industrialisation and manufacturing needed by developing countries...
Ministry of Petroleum Resources has inaugurated a technical working group to enhance gas reticulation practices in Nigeria’s building industry. On Wednesday, the ministry’s permanent secretary, Nicholas...
Keme-Ebiama, Ogboinbiri and other communities in Southern Ijaw Local Government Area of Bayelsa State have again been rocked by massive crude oil spill from the Ogboinbiri-Tebidaba...
Secretary General of the African Petroleum Producers Organisation (APPO) Dr. Omar Farouk Ibrahim, called for a unified African front in the global energy landscape and warning...