Brent crude oil benchmark rose up 99 cents, or 1.2 per cent to $85.32 a barrel while U.S. West Texas Intermediate futures rose $1.27, or 1.5...
As a follow-up to its efforts in sustaining the current smooth supply and distribution of petroleum products nationwide within the festive period and beyond, the Nigerian...
Oil prices extended gains to scale multi-year peaks on Monday, fuelled by the rebound in global demand that has also contributed to power and gas shortages...
The Nigerian National Petroleum Corporation has begged petroleum tanker drivers to in the interest and welfare of the Nigerian people call off its planned strike action....
1000 days after the flag off of the cleanup of Ogoni environment, the Ogoni Liberation Initiative, OLI, has stated that the people of Ogoni are yet...
In its commitment to the Paris Agreement on Climate Change, the Federal Government is already making efforts to use large shares of clean energy sources, but...
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...