Oil prices slipped on Monday as diplomatic efforts in the Middle East intensified in an attempt to contain the conflict between Israel and Hamas, easing investor...
Nigeria National Petroleum Company has said that the current scarcity of fuel in some parts of the country was a temporary issue caused by reduced depot...
Crude oil prices climbed about 2 per cent to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw and as rising tensions in the...
The Federal Government says it is targeting to increase crude oil production to two million Barrels Per Day (bdp) and beyond by the end of the...
Oil Assets Surveillance Contractors Forum, OASCF, has discovered a major tapping on the Trans-Niger Pipeline, TNP, used by oil thieves in syphoning crude from the facility...
NNPC has started buying fuel via cash tenders, rather than oil swaps, for the first time in nearly a decade, four sources familiar with the matter...
An index measuring upstream activities in the oil and gas industry has indicated that interest in investing in oil and gas in Nigeria, rose Year-on-Year, by...
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...