As the Federal Government commenced full implementation of the Petroleum Industry Act (PIA) in earnest, the new legislation has been tipped to provide business opportunities that will...
China will release crude oil from its national strategic stockpiles around the Lunar New Year holidays as part of a plan coordinated by the United States...
Microsoft is investing US$50 million in a LanzaJet facility in Georgia that will produce jet fuel from ethanol next year, LanzaJet said.The airline industry is considered...
Brent crude futures were up 47 cents, or 0.6%, at $84.19 a barrel while U.S. West Texas Intermediate crude futures were up 66 cents, or 0.8%,...
Anglo-Dutch oil giant, Shell Petroleum Development Company (SPDC) on Tuesday confirmed the invasion and shut down of its Opukushi oil facility by community folks in Ekeremor ...
Rising energy prices may force the European Central Bank to stop “looking through” high inflation and act to temper price growth, particularly if the green transition...
Nigerian Navy has formally handed over a seized ship – MTT4 and 20 suspected oil thieves to officials at the Economic and Financial Crimes Commission, EFCC,...
Brent crude oil price jumped sharply and remained high on Friday after reports that the protests in Kazakhstan had disrupted production at its biggest field, Tengiz....
Senate has uncovered how Petroleum Regulatory Authority (NMDPRA) formerly known as Petroleum Product Pricing Regulatory Agency (PPPRA) paid N200 million subscription without vouchers to United Kingdom (UK)...
Joint Task Force, JTF, Operation Delta said it intercepted 13 ships loaded with stolen crude oil and arrested 567 suspected oil thieves in the South-South in...
Senate has vowed that the Petroleum Equalization Fund (PEF) now Nigeria Midstream and Downstream Petroleum Regulatory Authority (NPRA) must account for the interest that accrued to...
Bayelsa state government has vowed to take all appropriate steps to pursue environmental justice for itself and affected communities by Aiteo oil spill to put an...
Crude-oil prices fell sharply on Monday, as the spread of the omicron variant of the coronavirus that causes COVID-19 and the imposition of new mobility restrictions...
The Nigerian National Petroleum Company Limited (NNPC), has warned the public against a fake competition trending online which claims to celebrate a so called “Anniversary Event”....
The Nigerian Content Development and Monitoring Board (NCDMB) says 53 Nigerian companies have so far accessed loans under its Nigerian Content Intervention Fund (NCIF) scheme. Mr...