Crude oil prices hit $80 a barrel in the U.S. for the first time since 2014 on Friday, a day after the Energy Department played down...
Senate has confirmed the appointment of board members of the Nigerian Upstream Regulatory Commission. The confirmation of the nominees was sequel to the consideration of a report...
Nigeria National Petroleum Corporation has warned unsuspecting public against fake news that it is recruiting. NNPC in a statement signed by Garba Deen Muhammad, Group General...
OPEC and its allies meet on Monday to debate how much oil to release into the red hot market, where supply disruptions and recovering demand from...
Oil prices will see modest gains for the rest of the year and into 2022 as consumption resumes its recovery to pre-pandemic levels, with a likely...
The Corporate Affairs Commission (CAC) has completed the Incorporation of Nigerian National Petroleum Company Limited. This is in accordance with provisions of the Petroleum Industry Act...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has signed a Memorandum of Understanding (MoU) with the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and...
Oil prices gained on Monday for a fifth straight day, with Brent at its highest since October 2018 and heading for $80, as investors fretted about...
Brent crude oil was up in London, climbing for a fourth day amid tighter supplies and a strong appetite for riskier assets like crude oil, as...
World Economic Forum has said that a new white-paper outlining the key considerations in setting the course for Africa’s energy future was released at the 2021...
OPEC+ is working to keep prices around $70 per barrel, Reuters has reported, citing Iraq’s oil minister, Ihsan Abdul Jabbar Ismail. The official said the ministry...
Jonathan Zarembok, a former BP West Africa oil trader claims that he was fired by the company for raising concerns over a bribe to middlemen for...
President Muhammadu Buhari has written the Senate, seeking for the screening and subsequent confirmation of members of the Board of the Nigerian Midstream and Downstream Petroleum Regulatory...
The Nigerian National Petroleum Corporation (NNPC) says it recorded a total crude oil and gas export sales of $219.75m in May 2021, representing 180.29% increase on...
Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, on Tuesday, said that the board is not an intervention agency involved in the...