The head of Nigeria’s oil regulator said he is “very optimistic” that Exxon Mobil’s asset sale to Seplat Energy can move forward, he told Reuters on...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun consultation with stakeholders prior to finalising seven more petroleum draft regulations, in compliance with the Petroleum Industry...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has held a meeting with oil marketers to resolve the challenges faced with importation and distribution of...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that the contracts for pipeline rehabilitation were awarded based on evaluation criteria and in accordance with...
Organisation of Oil Petroleum Exporting Countries, OPEC, in what seems like a panic mode has reviewed the production data of member states and allies as oil...
Oil prices recovered slightly after hitting a three-week low on Tuesday, as investors weighed a stronger U.S. dollar, darkening global economic signals and tightening supply. Brent...
Diezani Alison-Madueke, former Nigerian oil minister appeared in court in London on Monday charged with receiving bribes in the form of cash, luxury goods, flights on...
OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria and Iran despite ongoing...
Fluenta, a global leader in ultrasonic sensing technology for measurement of flare gas says it has completed installation of 18 ultrasonic flare gas meters on large...
Oil prices surged more than $1 on Wednesday, as markets focused on low global supply in the run-up to winter, throttled by OPEC+ production cuts just...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure decreased from 27 billion dollars in 2014 to less than six ...
Oil prices edged lower in choppy trade on Monday as Russia relaxed its fuel ban, after earlier gains on a tighter supply outlook, while investors eyed...
Oil prices rose on Friday as renewed global supply concerns from Russia’s fuel export ban counteracted fears that slowing economies and high interest rates could crimp...
A University Don, Prof. Benjamin Dauda, has warned against the devastating effects of oil spillage and plastics on the environment in Nigeria. Dauda, who is the...
The Youths and Environmental Advocacy Centre, YEAC-Nigeria, has written President Bola Ahmed Tinubu, demanding that he immediately starts up a process of legalising artisanal refining of...