Road Transport owners across Nigeria have expressed optimism that the 650,000 barrels-per-day Dangote Petroleum Refinery would deepen the downstream sector and positively impact their businesses. The...
Oil prices rose more than 5% on Monday, as a weaker dollar and strong global equities markets boosted crude futures after seven days of declines. Brent...
National Bureau of Statistics has said that the price of household kerosene rose to N520 per litre in some state in the federation while the average...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of the Board of the NNPC Greenfield Refinery Limited...
Director General Lagos Chamber of Commerce and Industry Dr. Chinyere Almona has said that the federal Government should be firm and clear in its communication about...
Oil prices skidded on Thursday for a sixth session, hitting lows not seen since May, pressured by a stronger U.S. dollar and concerns about weaker demand...
A significant step towards redeeming the pledge by the Nigerian National Petroleum Corporation (NNPC) to intervene in the perennial electric power supply challenge in Maiduguri, Borno...
President Muhammadu Buhari has approved a steering committee to oversee the process of implementation of the newly signed Petroleum Industry Act (PIA). The steering committee is...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the Corporation’s commitment to supporting the Nigeria Liquefied Natural Gas...
Senate has described the signing into law, the Petroleum Industry Bill, PIB, 2021 by President Muhammadu Buhari as major victory that will help bail Nigeria out...
Oil fell on Friday, but was on track to post a weekly rise, broadly shrugging off a warning from the International Energy Agency that the spread...
OPEC on Thursday stuck to its prediction of a strong recovery in world oil demand in 2021 and further growth next year, despite concerns about the...
Crude oil prices rose 3 per cent, largely driven by profit taking after more than a week’s losses and supported by rising demand in Europe and...
In a bid to strengthen and reposition the Nigerian National Petroleum Corporation (NNPC) towards attaining global excellence and profitability, the Management of the Corporation has announced...
Communities in Nigeria Oil Producing states has berated the Minister of State for Petroleum Resources, HMSPR, Chief Timipre Sylva, over comments credited to him that the...