As conversations on finding sustainable solutions for a decarbonised energy future continue to hold globally, the Group Chief Executive Officer (GCEO), NNPC Ltd., Mr. Mele Kyari...
Global benchmark Brent crude oil rose above $78 a barrel, after Russia said OPEC+ was ready to deepen output cuts in the first quarter of next...
Hydrocarbon Pollution Remediation Project, HYPREP, has assured that it would give priority attention to youths of Ogoni by creating more job opportunities, trainings, skills acquisition programmes...
The House of Representatives’ Committee on Host Communities has assured the people of Niger Delta that it would quickly propose and commence the repelling of some...
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, said it has successfully set up an Alternatives Dispute Resolution, ADR, to handle issues that may arise from the...
Oil prices jumped over 2% on Tuesday on the possibility OPEC+ will extend or deepen supply cuts, a storm-related drop in Kazakh oil output and a...
Minister of state, Petroleum Resources (Gas), Ekperikpe Ekpo has constituted a committee with a mandate to come up with recommendations on how to boost supplies and...
Nigeria is ramping up its production targets ahead of a pivotal OPEC+ meeting set to decide on matters including how much oil Africa’s biggest crude producer...
Niger Delta Development Commission, NDDC, has said that from 2024 it would reduce the number of beneficiaries of its foreign post graduate scholarship following the increasing...
The average retail cost for refilling a 12.5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) saw a month-on-month rise of 14.04%, rising from N9,247.40 in September...
Italy’s Eni has temporary halted arbitration regarding an oilfield dispute with the Nigerian government, buying time to discuss a conversion of the licence from prospecting to...
Brent crude futures climbed more than 2%, gaining $2 a barrel on Monday as further supply cuts in OPEC+ production are expected in the coming weeks....
Nigeria is withdrawing civil claims totalling $1.1 billion against energy producer Eni SpA, Bloomberg News reported on Thursday. Nigeria’s justice ministry will waive the claims before...
Azikel Petroleum Refinery has signed a $259m debt funding facility with the African Export-Import Bank for the Azikel Refinery Project located in Gbarain, Bayelsa State. The...
OPEC has said that oil market fundamentals remained strong and blamed speculators for a drop in prices as it slightly raised its 2023 forecast for global...