The House of Representatives, Wednesday, after third reading, passed the Petroleum Industry Governance Bill (PIGB), which is a section the Petroleum Industry...
The Nigerian government has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring...
Oil prices inched higher Thursday on a reported decline in U.S. crude inventories, and as the Niger Delta Avengers threatened to attack...
Lekoil and Green Energy International have contracted Sinopec Changjiang Engineering Services to acquire 197 sq km (76 sq mi) of 3D seismic...
Stakeholders have unanimously agreed on the need for a change in the nation’s trade terms from Free On Board (FOB) to Cost...
The National Bureau of Statistics in its Premium Motor Spirit (Petrol) Price Watch and National Household Kerosene price watch for December 2017,...
Oil production by the Nigerian Petroleum Development Company (NPDC), has risen to 7,000 barrels per day (bpd) following the successful drilling and...
Oil hovered below a three-year high near $70 a barrel on Monday on signs that production cuts by OPEC and Russia are...
The Governor Godwin Obaseki led Edo State government says it has signed a Memorandum of Understanding (MoU) with a Chinese consortium for...
Oil Price Hits 2-year High At $69.26/barrel Crude oil price reached a two year high Wednesday with Brent trading at $69.26 per...