Minister of Finance, Budget and National Planning Zainab Ahmed has said that the Federal Government plans to finally remove fuel subsidy by…
Category:
Oil and Gas
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Oil futures rose Monday, hitting another round of multiyear highs as investors focused on tight supply, while crude producer Saudi Arabia appeared…
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Ahead of the commencement of the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, Scotland next week, the GMD/CEO…
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Minister of State for Petroleum Resources Chief Timipre Sylva has inaugurated the governing boards of the new entities comprising the regulatory framework…
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Brent crude oil benchmark rose up 99 cents, or 1.2 per cent to $85.32 a barrel while U.S. West Texas Intermediate futures…
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NewsOil and Gas
NNPC GMD meets PTD, NARTO, FIRS, others, to enforce safety verve in petroleum trunks, rebuild roads
As a follow-up to its efforts in sustaining the current smooth supply and distribution of petroleum products nationwide within the festive period…
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Oil prices extended gains to scale multi-year peaks on Monday, fuelled by the rebound in global demand that has also contributed to…
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The Nigerian National Petroleum Corporation has begged petroleum tanker drivers to in the interest and welfare of the Nigerian people call off…
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1000 days after the flag off of the cleanup of Ogoni environment, the Ogoni Liberation Initiative, OLI, has stated that the people…
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NewsOil and Gas
Net-Zero emissions: defunding gas projects unhelpful to developing countries — Osinbajo
In its commitment to the Paris Agreement on Climate Change, the Federal Government is already making efforts to use large shares of…
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Crude oil prices hit $80 a barrel in the U.S. for the first time since 2014 on Friday, a day after the…
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Senate has confirmed the appointment of board members of the Nigerian Upstream Regulatory Commission. The confirmation of the nominees was sequel to the…
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Nigeria National Petroleum Corporation has warned unsuspecting public against fake news that it is recruiting. NNPC in a statement signed by Garba…
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OPEC and its allies meet on Monday to debate how much oil to release into the red hot market, where supply disruptions…
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Oil prices will see modest gains for the rest of the year and into 2022 as consumption resumes its recovery to pre-pandemic…