Crude Oil prices rose on Thursday, on track to hit six-week highs as strong U.S. economic data, a weak dollar and an expected recovery in demand...
Oil prices edged higher on Tuesday as OPEC+ was expected to stick to existing plans to boost oil output slightly from May 1, suggesting it does...
The gas development and commercialisation programme of the Nigerian National Petroleum Corporation (NNPC) received a boost Thursday with the execution of the Oil Mining Lease (OML)...
The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks to 1,661 trucks to...
Oil prices on Wednesday fell for a second day to their lowest in a week on asurprise build in U.S. crude inventories and concerns surging COVID-19...
Minister of State, Petroleum, Chief Timipre Sylva has sued for sustainable peace in the Niger Delta, saying the quest to have multinational oil companies relocate their...
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...