Despite protests by the United States, workers are busily preparing thousands of steel pipes that will become part of a vast undersea...
Oil rose on Monday, supported by a rally across stocks and other commodities, after the United States said it had put a...
Oil prices climbed above $80 a barrel Thursday, as US decision to reinstate sanctions on Iran extended a rally that has pushed...
The National Assembly Wednesday passed a N9,120, 334, 977, 225, 2018 Appropriation Bill, an increase of N508 billion over the N8.612 trillion...
Shell’s Nigerian subsidiary has shut its Trans Forcados crude oil export pipeline in Nigeria due to a leak, the company said in a...
The Nigerian National Petroleum Corporation (NNPC) has recommended the splitting of petroleum licences into two components for prospecting and production phases under...
ALE claims to have performed the heaviest ever land-based crane lift using a jib while working on Total’s FPSO Egina module integration...
OPEC sees oil’s rally towards $80 a barrel as a short-term spike driven by geopolitics rather than any supply shortage, four OPEC...
Oil companies, called settlors, are to establish the Petroleum Host Communities Development Trust (Community Trusts) in communities where they operate. Settlors will...
Subsea 7 says it has won a “substantial” contract from Mobil Producing Nigeria Unlimited (MPN) for the Production Uplift Pipeline Projects (PUPP) in...
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By Stephanie Odiase The Nigeria Extractive Industries Transparency Initiative (NEITI) has hailed the Resource...
By Stephanie Odiase Nigeria has urged fellow resource-rich nations to transform the Extractive Industries...
Juliet Ukanwosu The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has insisted that...
