OPEC and allied oil producers including Russia ended their meeting in Algeria on Sunday with no formal recommendation for any additional supply...
OPEC’s leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in...
OPEC and its allies are unlikely to agree an official increase in crude output when they meet in Algeria this weekend, although...
An Italian judge sentenced two defendants in a Nigerian corruption case to jail on Thursday in the first ruling on one of...
The Monthly Financial and Operations Report for April, 2018, released by the Nigerian National Petroleum Corporation (NNPC) in Abuja on Thursday showed...
With crude oil prices hovering around $80 a barrel, the landing cost of a litre of PMS otherwise known as petrol has...
BW Energy has produced first oil from the Tortue field in the Dussafu production-sharing contract offshore Gabon through the FPSO BW Adolo....
Aqualis Offshore has completed its position keeping role for the Egina FPSO, which is now safely moored offshore Nigeria. Its team of...
The Nigerian National Petroleum Corporation (NNPC) said it is close to wrapping up funding arrangements on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project....
The funding challenge facing the country has forced the Nigerian National Petroleum Corporation (NNPC) to resort to contractor-financing of its pipeline and...
Follow on Facebook
Live commodities widget is provided by DailyForex.com – Forex Reviews and News
By Juliet Ukanwosu As part of follow-up actions to the Extractive Industries Transparency Initiative...
By Juliet Ukanwosu President Bola Tinubu, on Monday approved the reconstitution of a 15-member...
By Gift Eguavoen The Nigerian National Petroleum Company Limited (NNPCL) and its Joint Venture...
The Federal Government says measures are being put in place to restore oil production...
Some financial experts have urged the Federal Government to invest more in increased crude...
By Stephanie Odiase As part of its commitment to encourage learning and academic excellence,...
The intersection of methane emission, climate change and its impact on lives and the...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the Shell Petroleum Development Company of...
By Juliet Ukanwosu The Federal Government says it has commenced the 2024 bid rounds...