Brent crude price has soared to $104 dollar a barrel following Russia invasion of Ukraine. April Brent crude, the global benchmark, traded $7.31, or 7.6%, higher...
The Nigerian Army has asked the Presidential Amnesty Programme, PAP, for intervention to end illegal oil bunkering in the Niger Delta region. The General Officer Commanding 6 Division,...
The ongoing Edo Technology and Innovation Expo has continued to showcase the innovative potentials of researchers in Edo State, with inventors thrilling participants with their ingenious...
Senate has approved the nominations of five Executive Director-nominees of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Their confirmation is coming on the heels of...
(Reuters) -Oil rose to its highest since 2014 on Tuesday after Moscow ordered troops into two breakaway regions in eastern Ukraine, tempered by a declaration from...
Oil prices have higher to go, and they will stay there for an extended period of time, says the chief executive of Vitol, Russell Hardy. “The...
Nigeria National Petroleum Corporation has said that 30 vessels are to deliver an additional supply of 2.3 billion litres of PMS into the country till month-end...
The Chairman, House of Representatives Committee on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya has assured Nigerians that his Committee will handle companies who imported methanol-blended Premium...
Mounting fears that Russia’s invasion of Ukraine is “imminent” sent oil prices to their highest in more than seven years. Brent crude hit $96 a barrel...
Plant operators in Nigeria have demanded a fair employment deal for their members in the ongoing Nigeria Liquefied Natural Gas, NLNG, Train 7 project in Rivers...
Oil prices ended 3% higher on Friday at fresh seven-year highs as escalating fears of an invasion of Ukraine by Russia, a top energy producer, added...
The Nigerian National Petroleum Company (NNPC) Limited has named Mrs, Emadeb, Oando and duke oil as importers of adulterated fuel into the country. It has reassured...
An indigenous firm an oil service company Kenyon International West Africa Limited says it deployed 100 per cent local manpower and expertise to contain the oil...
The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in...
Nigerian Midstream, Downstream petroleum regulatory authority has admitted the presence of toxic fuel in some petrol depot and filling stations in Nigeria. In a statement issued...