With the challenges facing Nigeria as far as petrol importation and distribution is concerned, it has become imperative for government to take...
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...
With the cut in crude imports into the United States following the country’s discovery of the Shale oil technology, Europe is now...
A total of 254 indigenous and foreign owned entities, Wednesday, submitted bids for the sale and purchase of the Nigerian government equity...
…landing cost of petrol is N171/L, retails for N145/L Nigeria’s Minister of State for Petroleum Resources Dr Ibe Kachikwu, has said that...
For the umpteenth time, Dr. Ibe Kachikwu, Minister of State for Petroleum Resources has said attainment of local refining capacity is the...
Nigeria lost about 148,533000 million litres of petrol to diversion during the December fuel crisis. Group Managing Director of the Nigerian National...
Oil price rose further above $68 a barrel on Thursday to the highest since May 2015, supported by unrest in Iran that...
Brazil’s state-controlled oil company, said on Wednesday it has agreed to pay $2.95 billion to settle a U.S. class action brought by...
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The Petroleum Technology Development Fund (PTDF) says its primary contribution to the transformation of...
By Juliet Ukanwosu The Minister of Environment, Balarabe Lawal, has called for strengthened partnership...
Crude oil and condensate fell to an average of 1.51 million barrels per day...
By Juliet Ukanwosu The 2026 Peer Learning Forum on Peacebuilding and National Adaptation Plan...
President Bola Tinubu has approved the removal of Mr Saidu Mohammed as the Authority...
The United Arab Emirates (UAE) said Tuesday it will withdraw from the Organisation of...
The World Bank says energy prices are projected to jump by 24 per cent...