Oil demand is recovering from the greatest fall in its history in 2020, the International Energy Agency (IEA) said on Tuesday, but less flying due to...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has described as laudable, the decision of the Nigeria National Petroleum Corporation (NNPC) to make public its audited accounts...
Sen. Bassey Akpan, Chairman, Senate Committee on Petroleum Upstream, says the published Audited Financial Statement of the Nigerian National Petroleum Corporation (NNPC) is an indication of...
Of the N21billion ($58million) pledged in kind as medical intervention by the Nigeria Oil and Gas Industry to combat COVID-19 and improve on healthcare delivery in...
NNPC says it has directed all its partners and suppliers to bring down their cost to between 30 and 40 per cent to ensure production efficiency....
Minister of State for Petroleum Resources, Chief Timipre Sylva has tasked new Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) on strengthening local content...
Oil fell about 3 per cent after Saudi Arabia said an extension of output cuts by OPEC+ nations would not include additional voluntary reductions by a...
OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices...
The Nigerian National Petroleum Corporation (NNPC) Chief Operating Officer (COO), Ventures and Business Development, Mr. Roland Ewubare, has said that NNPC is taking measures to bring...
The Nigerian National Petroleum Corporation (NNPC) has raised an alarm over prevalent low grade and contaminated AGO, otherwise called, diesel offered at discounted prices in parts...
OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards such as Iraq and...
As part of measures to cope with the boom and bust cycle in the global crude oil market and to sustain revenue generation for the Country,...
Crude oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will be able to agree to extend...
In line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present Leadership of the Nigerian National Petroleum Corporation (NNPC), and the commitment to...
The price of Brent crude surged on Wednesday to a near three-month high amid optimism among investors and oil traders that major oil producers will extend oil production cut, as global...