For the umpteenth time, Dr. Ibe Kachikwu, Minister of State for Petroleum Resources has said attainment of local refining capacity is the...
Nigeria lost about 148,533000 million litres of petrol to diversion during the December fuel crisis. Group Managing Director of the Nigerian National...
Oil price rose further above $68 a barrel on Thursday to the highest since May 2015, supported by unrest in Iran that...
Brazil’s state-controlled oil company, said on Wednesday it has agreed to pay $2.95 billion to settle a U.S. class action brought by...
As crude prices gain in the international market, Nigeria’s petroleum products marketers have said it is longer possible for them to continue...
The closing of the year 2017 means it’s time to take a look forward at the prospects for America’s oil and gas...
These days, when talking about oil prices, the terms “lower for longer” and “the new normal” have become almost mantra-like. And it...
While many Nigerian completed power plant are idle as a result of gas supply constraint, as the country continue to grapple with...
…NNPC deducts N490.535bn “first line charges,” fails to remit $16.477m, N1.597bn A report detailing Nigeria’s oil and gas sector activities for...
Petrobras has announced a planned investment to the sum of $74.5 billion in its new Business and Management Plan (BMP) for 2018-2022....