Over 20 Nigerian companies in the oil and gas value chain are exhibiting at this year’s Offshore Technology Conference (OTC) in Houston,...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has announced a three-point smart strategy aimed at...
To deepen knowledge and build capacity of its staff and stakeholders on financial matters, the Nigeria Extractive Industries Transparency Initiative (NEITI) in...
Strong compliance with OPEC-led production cuts, robust demand and supply disruptions in the Middle East are likely to lift oil’s average price...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the target of the corporation...
The Chairman of OPAC Refinery, Mr. Momoh Jimah Oyarekhua, has said the first phase of the refinery is designed for 7,000 barrels...
Oil giant Total, has issued tender for subcontracts for the South Pars (SP) Phase 11 gas/condensate development in the Persian Gulf, Offshore...
As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits – and flooding Europe with a...
Oil prices were little changed at around $74 a barrel on Monday on rising U.S. borrowing costs and the prospect of further...
The International Monetary Fund (IMF) has warned oil dependent economies like Nigeria and other countries of a possible crash of the prices...