Oil prices rose about 2% on Thursday on indications that OPEC+ producers could increase output more slowly than expected in coming months, while rising global fuel...
Senate has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari to appear before it tomorrow to brief the lawmakers on...
Oil prices rose on Tuesday as broad hopes for a demand recovery persisted, fuelled by comments from OPEC’s secretary general, over shadowed travel curbs due to...
The Senate will on Thursday debate the report of its joint committees on Petroleum (Upstream, Downstream and Gas) on the Petroleum Industry Bill. Senate President Ahmad...
The Minister of State for Petroleum Resources, Chief Timipre Sylva says the COVID-19 pandemic that rocked the global community has some positive impact on the Nigerian...
The Nigerian National Petroleum Corporation (NNPC) is collaborating with the Economic and Financial Crimes Commission (EFCC), Department of State Services (DSS), Nigeria Police Force (NPF), Nigeria...
Oil prices rose with Brent climbing above $76 a barrel to its highest since late 2018, after data showed U.S. crude inventories declined as travel picks...
House of Representatives has expressed dissatisfaction over the poor stakeholders attendance as ongoing nationwide compulsory firemen training and certification for fuel stations, depots and tank farms...
Oil futures rose on Friday, reversing early losses and set for a fourth week of gains after OPEC sources said the producer group expected limited U.S....
Oil prices rose nearly 2% to their highest in more than two years on Tuesday, buoyed by expectations demand will recover rapidly in the second half...
Italy’s justice ministry ordered an inquiry on Tuesday into the conduct of two prosecutors in a corruption case involving energy groups Eni and Shell in Nigeria....
Brent crude oil rose 34 cents to $73.03 a barrel on Monday. Earlier in the session, it reached $73.64 a barrel, its highest since April 2019....
Oil prices edged up to multi-year highs on Friday, heading for a third straight week of gains on the improved outlook for worldwide demand as rising...
Federal Government has signed shareholders agreement for the construction of Brass Petroleum Products Terminal Ltd (BPPT) to curb illegal refining and stabilise products price in the...
The Department of Petroleum Resources (DPR) says Nigeria’s proven natural gas reserve stood at 206.53 trillion cubic feet (tcf) as at Jan.1, 2021. Mr Sarki Auwalu,...