Oil prices were little changed on Monday in choppy trading as demand woes after weak economic data from top consumers the United...
The Federal Government has issued licences to the NNPCL Exploration and Production Ltd. and Belema Sweet Export Terminal Ltd for establishment of...
Proved reserves of US crude oil and lease condensate increased by 6.2 billion bbl (+16%) to 44.4 billion bbl at yearend 2021...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for proactive measures to curb high rate of oil...
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 101.04 dollars per...
Russia has so far demonstrated high resilience to the unprecedented pressure imposed by Europe and the US – but the worst is...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Friday launched ‘Crude Theft Monitoring Applications’ to curb oil theft and pipeline vandalism....
The International Energy Agency (IEA) has raised its forecast for growth in the global demand for crude oil. The IEA’s monthly report...
Low production rate, theft and pipeline vandalism have combined to rob Nigeria of the benefits of high cost of crude oil in...
Mr Mike Sangster, the Managing Director, TotalEnergies EP Nigeria Ltd., says crude oil theft has become an organised crime which is costing...