The Nigerian National Petroleum Corporation Limited (NNPCL) has increased the price of petrol across the country from Wednesday as Mele Kyari, the Group Chief Executive Officer...
Crude oil prices remained on course for a weekly gain of more than 2%, after supply disruptions in Libya and Nigeria heightened concerns that the markets...
Saudi Arabia is set to fall below Russia as the largest oil producer in the OPEC+ alliance as its production cuts begin to bite, tightening the...
A vessel conveying 800,000 litres of suspected stolen crude oil has been intercepted by a private security contractor engaged by the Nigerian National Petroleum Company Limited...
State-owned Nigerian National Petroleum Co. Ltd. will launch an initial public offering (IPO) “soon”, its group CEO said on Tuesday after securing the backing of Nigerian...
Several communities across eight Local Government Areas (LGAs) in Rivers state have given the Nigeria Liquified Natural(NLNG), 30 days to pay Senate directed N18.3 billion claims...
The European Commission proposed on Friday that EU countries jointly quit an international treaty that has been criticised for blocking efforts to fight climate change because...
No fewer than 161 suspected oil thieves and other criminals in the Niger Delta have been arrested by Nigerian troops in the last two weeks. Dozens...
OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a slowdown...
Revenue from crude oil sales as earned Nigeria $11 billion in the first half, of 2023. This is according to the data fact sheet which shows...
Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August, overshadowing concern over a global economic slowdown and the potential...
Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied the alleged plan by the association to increase pump price of Premium Motor Spirit (PMS) also known...
OPEC oil output has fallen only slightly in June as increases in Iraq and Nigeria limited the impact of cutbacks by others, despite a wider OPEC+...
A coalition of Civil Society Organisations (CSOs) on Friday said it would resist planned increase in the price of petroleum being allegedly worked on by the...
Commandant General of the Nigeria Security and Civil Defence Corps NSCDC, Dr Ahmed Abubakar Audi has read the Riot Act to oil thieves in the country,...