Nigeria asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.092 billion as an immediate advance payment for damages it...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has assured Nigerians that the deregulation of the downstream oil sector is in the best interest of the country....
A court in London has granted Nigeria relief and more time to appeal in the infamous $10 billion P&ID arbitration case for which Nigeria is battling...
The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of circa US$1b to support the upstream operations of its subsidiary, Nigerian Petroleum Development Company...
Motorist and commuters in Lagos have decried the increment in pump price of Premium Motor Spirit (PMS), following the new ex-depot price announced by Petroleum Products...
The pump price of petrol has been increased to N151.56 per litre with effect from September 2, 2020. This was disclosed in an internal memo issued...
The Department of Petroleum Resources (DPR) has generated a total sum of N673.7 billion in the first half of this year. Its Spokesman, Paul Osu, said...
Nigeria aims to become a net exporter of petrol and other petroleum products over the next two years as oil refinery projects in the country come...
Nigeria National Petroleum Corporation NNPC, said it recorded a N5.34 billion cost for fuel in June, months after it changed its pricing method in an effort...
The Edo Modular Refinery being developed by Edo Refinery and Petrochemical Company Limited (ERPC) with support from the Edo State Government is set to earn about...
The Independent Corrupt Practices and Other Related Offences Commission has quizzed top management officials of the Niger Delta Development Commission over allegations of various acts of...
Senate has directed the Accountant General of the federation to investigate payments amounting to $18 billion as dividends from Nigeria’s investment in Nigeria Liquefied Natural Gas...
Nigeria refineries in Nigeria are said to process almost no crude oil in the 13 months to end June, according to the latest data published by...
For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mallam Mele...
The changes in the global energy landscape has made it imperative for the oil and gas industry to adapt accordingly in order to maintain relevance, remain competitive...