Director Department of Petroleum Resources DPR, Sarki Auwalu said that DPR expects to have all completed bids for marginal oil wells within 10 weeks. It will...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has slightly reduced the pump price of Premium Motor Spirit (PMS), also known as petrol to N121.50 per litre...
Department of Petroleum Resources DPR, has launched its first licensing round for marginal oilfields in nearly 20 years. DPR), despite court rulings last week that barred...
OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters...
Stagnant European demand is said to offer little hope to sellers of Nigerian crude on Wednesday, as China and India continued to show the most appetite...
Nigeria’s Bonga crude oil export terminal has begun routine maintenance, its operator Shell told Reuters on Tuesday, adding it aimed to have the work done in...
The Nigerian National Corporation (NNPC) has explained the parameters for employment as well as career progression in the corporation, using the recently concluded Graduate Trainee employment...
An English court threw out a $1.1 billion case Nigeria had brought against Royal Dutch Shell and Eni related to a dispute over the OPL 245...
Crude oil prices jumped to a two-month high on Monday, reflecting output cuts and investors betting that looser lockdowns will boost demand for fuel. West Texas...
Total has called off a plan to acquire Occidental Petroleum’s assets in Ghana, which was conditional on the completion of the acquisition of Occidental’s other assets...
The Secretary to the Government of the Federation and Chairman of the Presidential Taskforce on Covid-19, Boss Mustapha, has applauded the Nigerian National Petroleum Corporation (NNPC)...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the newly recruited Graduate Trainees (GTs) to join hands with...
Oil demand is still set for a record fall in 2020, the International Energy Agency (IEA) said but it trimmed its forecast for the drop citing...
Nigeria LNG has signed the engineering, procurement and construction (EPC) contract for Train 7, its major gas expansion plan, Nigeria’s oil minister said on Wednesday. The...
The Nigerian National Petroleum Corporation (NNPC) Tuesday in Abuja announced that its Downstream subsidiary Company in charge of bulk sales and distribution of petroleum products, Petroleum...