Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading some countries to resume...
The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump price of Premium Motor Spirit (PMS) also known as petrol for...
The Nigerian National Petroleum Corporation (NNPC) has said that 218.37billion Cubic Feet (BCF) of natural gas was produced in March 2020, translating to an average daily...
Britain’s supreme court will hear Nigerian farmers and fishermen appeal to pursue claims against oil major Shell over spills in the Niger Delta. The appeal re-opens...
Oil prices rose on Friday but pulled back sharply from early highs on concerns that continued spread of the novel coronavirus could stall the United States’...
The Egyptian Ministry of Petroleum and Mineral Resources said the country has found a new oil field in the shallow waters of Geisum concession south of...
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...