Oil rose toward $75 a barrel on Wednesday after data showed U.S. crude inventories fell more sharply than analysts had forecast, bringing the market’s focus back...
Oando Plc has entered into a settlement with the Securities and Exchange Commission (SEC) in the overriding interest of the shareholders of the company and the...
Crude oil futures rebounded on Tuesday as market participants vied to take advantage of oil’s two-month low hit in the previous session. Monday’s selloff, spurred by...
Oil prices plunged more than $4 a barrel on Monday, headed for its worst day since March, after OPEC+ agreed to boost output, stoking fears of...
The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have decided to adjust upwards their overall production by 0.4 million barrels per day...
Farming and fishing settlement of Yiba ama (formerly known as Oruma) in Ogbia Local Government Area of Bayelsa State has been reportedly impacted by massive crude...
Following the report of the conference Committee on the Petroleum Industry Bill (Bill), the House of Representatives on Friday, in Abuja passed the bill, allowing three...
The Conference Committee of the Senate and the House of Representatives on a Bill for an Act to provide Legal, Governance, Regulatory and Fiscal Framework for...
Shell Petroleum Development Company of Nigeria (SPDC) on Tuesday confirmed an oil leak at its facility in Ekeremor Local Government Area of Bayelsa. Mr Bamidele Odugbesan,...
Pan-Niger Delta Forum (PANDEF), Chief Edwin Clark has again taken a swipe at the passed Petroleum Industry Bill, PIB by the National Assembly, warning that any...
Major Oil Marketers Association of Nigeria has challenged the Federal Government to create an environment that would make investors in the oil and gas industry to...
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth...
Governors of the South West geo- Political zone of the country met with with Senators and members of the House of Representatives from the Zone, with a...
Leader of the Pan-Niger Delta Forum (PANDEF), Chief Edwin Clark has described the newly passed Petroleum Industry Bill (PIB), ready for harmonisation as satanic, unjust, embarrassing...
Deputy Managing Director, Deep water District TotalEnergies Mr Victor Bamidele has said that the company has invested over $60 billion in exploration and other projects in...