OPEC and allied oil producers including Russia ended their meeting in Algeria on Sunday with no formal recommendation for any additional supply...
OPEC’s leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in...
OPEC and its allies are unlikely to agree an official increase in crude output when they meet in Algeria this weekend, although...
An Italian judge sentenced two defendants in a Nigerian corruption case to jail on Thursday in the first ruling on one of...
The Monthly Financial and Operations Report for April, 2018, released by the Nigerian National Petroleum Corporation (NNPC) in Abuja on Thursday showed...
With crude oil prices hovering around $80 a barrel, the landing cost of a litre of PMS otherwise known as petrol has...
Aqualis Offshore has completed its position keeping role for the Egina FPSO, which is now safely moored offshore Nigeria. Its team of...
The Nigerian National Petroleum Corporation (NNPC) said it is close to wrapping up funding arrangements on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project....
The funding challenge facing the country has forced the Nigerian National Petroleum Corporation (NNPC) to resort to contractor-financing of its pipeline and...
OPEC must stick together for the good of the global economy as founding member Iran faces renewed U.S. sanctions, Secretary General Mohammed...