The Federal Executive Council (FEC), meeting, presided over Wednesday by Acting President, Yemi Osinbajo, approved N17 billion for the installation of technology...
Nigeria cumulatively imported a total of 6.81 billion litters of the four products in Q1, while imports in Q2 fell by 670.91...
The UK Oil and Gas Authority (OGA) has awarded new contracts supported by government funding for programs to stimulate exploration activity in...
Dr. Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has called for more alternative financing models to fund...
China International United Petroleum & Chemicals Co. (Unipec), a wholly-owned subsidiary of China’s oil major Sinopec, has reportedly suspended imports of crude...
Nigeria lost about N3.8 trillion to crude theft and other related infractions in 2016 a report by the Nigeria Natural Resource Charter...
Shoreline Canadian Overseas Petroleum Development Corp. (ShoreCan) has negotiated finance of between $30 million and $50 million for investment in its 80percent...
Oil prices traded broadly unchanged on Thursday after an announcement that Saudi Arabia would suspend some oil shipping in the Red Sea...
U.S. oil and gas producer ConocoPhillips reported better-than-expected quarterly profit on Thursday and boosted its capital budget and production target for 2018...
Iranian Minister of Petroleum, Bijan Zanganeh, says violation of output cut plan by some Organisation of Petroleum Exporting Countries (OPEC) members would...