The Managing Director, Total Exploration and Production Limited, Mr Mike Sangster, says the company targets to achieve a net zero carbon emission in production as a...
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $378.42million in June 2020 as against $133.16million it posted...
Timipre Sylva, Minister of State for Petroleum Resources, said the Federal Government had approved the establishment of Nigeria National Petroleum Corporation (NNPC), oil and gas logistic...
Oil prices fell on Thursday as major producers warned of a risk to demand recovery if the coronavirus crisis is prolonged as U.S. crude inventories dropped...
OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, will on Wednesday meet to review compliance with oil cuts meant to support oil...
The Nigerian National Petroleum Corporation (NNPC) has become an Extractive Industries Transparency Initiative (EITI) partner company, joining a group of over 65 extractives companies, state-owned enterprises...
Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is starting to pick up....
Ascon Oil Company Ltd has denied a claim by Stanbic IBTC Bank PLC that it retook possession of its petrol station at Block 36, Admiralty Way,...
World oil demand will fall more steeply in 2020 than previously forecast due to the coronavirus and there are doubts about next year’s recovery, OPEC forecast...
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and stakeholders in the Oil and Gas Sector to boost delivery...
Ascon Oil Company Ltd has recovered its fuel retail station at Block 36, Admiralty Way, Lekki Phase 1, Lagos purportedly sold by Stanbic IBTC Bank. It was gathered that the prime property with a market value of...
Petroleum Tanker Drivers in Lagos State have withdrawn their services as directed by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) beginning from Aug. 10....
In its bid to meet the target of revving up production to 3million barrels per day and unlock gas revenues to the tune of about $225...
The Nigerian National Petroleum Corporation (NNPC), said it has signed a Head of terms (HoT) agreement with China National Offshore Oil Corporation(CNOOC) and an indigenous oil...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to sell petrol at the old rate of N143 per litre, pending the new...