Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry, four people closely involved...
The French President, Emmanuel Macron, has commended the Chairman of BUA Group, Abdul Samad Rabiu for his commitment to developing lasting relationships between French and Nigerian...
The Nigerian National Petroleum Corporation (NNPC) has said that there was a 37.21 % decrease in cases of pipeline vandalism across the country in the month...
Oil prices rose about 1% on Tuesday on strong Chinese import data, but the rally was capped by concerns that pauses on the Johnson & Johnson...
Host Communities Producing Oil and Gas HOSTCOM have again kicked against the 2.5 percent equity shareholding recommended for oil impacted communities in the Petroleum Industry Bill...
Saudi oil giant Aramco on Friday entered into a $12.4 billion deal with a consortium of investors led by EIG Global Energy Partners that would give...
Department of Petroleum Resources has said that it will soon phase out petrol tankers operating in the down stream sector of the oil and gas industry...
The Nigeria National Petroleum Corporation (NNPC) has restated its commitment to the partnership with the Government of Kebbi State for the production of biofuels, describing the...
Director and Chief Executive Officer of The Department of Petroleum Resources (DPR) Engr. Sarki Auwalu has said that DPR revoked three Oil Mining Licences belonging to...
The drive by the Management of the Nigerian National Petroleum Corporation (NNPC) to boost in-country refining capacity was bolstered on Tuesday with the signing of the...
Strong economic data from China and the United States helped lift oil prices by more than 1% on Tuesday, recouping some of the previous session’s losses....
Oil prices rose on optimism about U.S and European economic recoveries and expectations OPEC and its allies will keep production curbs in place. Brent crude rose...
As the world transits to cleaner energy, the Nigerian National Petroleum Corporation (NNPC) has affirmed Nigeria’s preparedness to play a strategic role in the new global...
Crude Oil price fell as a container ship that has blocked the Suez Canal for nearly a week was refloated and traffic in the waterway resumed,...
The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of ongoing engagement...