Oil prices rose on Monday, driven higher after OPEC+ nations called off talks on output levels, meaning no deal to boost production has been agreed. Brent...
Ahead of the completion of the Dangote Oil Refinery, the Major Oil Marketers Association of Nigeria (MOMAN) has expressed an intention to engage the management of...
The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are...
OPEC+ resumes talks on raising oil output on Friday after the United Arab Emirates blocked a deal the previous day, creating a standoff that could delay...
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government decision to acquire 20 per cent equity stake in all private refineries...
Both chambers of Nigeria’s parliament have passed a bill that overhauls nearly every aspect of the country’s oil and gas production, putting a project that has...
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....