The Nigerian National Petroleum Corporation (NNPC) has said that it earned a total export receipt for crude oil and gas valued at $120.49 million for the...
Tony Elumelu Heirs Holding, said it has acquired a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG oil and gas...
Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC management, no fewer than (96) prominent and reputable companies from...
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC)...
Stakeholders in the oil industry need to find and agree on cheaper means of producing oil while also ensuring a more competitive environment that meets the...
A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present for U.S. shale firms that have slashed costs,...
Indications are that the Nigerian National Petroleum Corporation is seeking to raise the sum of $1 billion to finance its moribund Port Harcourt Refining and Petrochemical...
PriceWaterhouseCoopers (PwC) has in a study said that Covid-19 will cost Nigeria and other African oil-producing countries an estimated $1 trillion in oil export revenues over...
Lagos Chamber of Commerce and Industry has urged the National Assembly to put in place a law that will promote a more effective and efficient governance,...
There are indications that the Federal government of Nigeria have lost over N1.2 trillion in oil revenue following the alleged breach of the 2000/2001 fiscal incentive...
In keeping with its resolve to deepen its compliance with the transparency standards dictated by the Extractive Industries Transparency Initiative (EITI) as a Supporting Company, the...
Alhaji Rabiu Bello has said that at a pump price of ₦167 per litre, Nigerians are currently overpaying for fuel, Bello, a former Chief Operating Officer/Group Executive...
Akwa Ibom state born Mr Effiong Okon Akwa has been appointed by President Muhammadu Buhari an interim administrator to oversee the affairs of the Niger Delta...
Malcolm Brinded, an ex- Upstream Chief of Shell Petroleum, has told international prosecutors that the sum of $1.3 billion paid by Shell and Eni in 2011...
Oil futures headed sharply higher Thursday, with the global Brent crude benchmark above $50 for the first time in nine months, on progress toward a COVID-19...