Browsing: Oil and Gas

The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium Motor Spirit,…

South African petrochemicals giant Sasol has said it would sell its indirect interest in the Escravos gas-to-liquids (EGTL) plant in Nigeria to…

President Muhammadu Buhari has given his commitment to ensure timely delivery of the landmark Ajakuota-Kaduna-Kano (AKK) gas pipeline project just as Nigerian…

Department of Petroleum Resources DPR, has changed the way marginal oilfields are allocated to avoid legal problems that bedevilled a previous bidding…

The Federal Government’s aspiration to boost domestic utilisation of gas in Nigeria will receive a boost tomorrow as President Muhammadu Buhari performs…

Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading…

The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump price of Premium Motor Spirit (PMS) also…

The Nigerian National Petroleum Corporation (NNPC) has said that 218.37billion Cubic Feet (BCF) of natural gas was produced in March 2020, translating…

Britain’s supreme court will hear Nigerian farmers and fishermen appeal to pursue claims against oil major Shell over spills in the Niger…

Oil prices rose on Friday but pulled back sharply from early highs on concerns that continued spread of the novel coronavirus could…

The Egyptian Ministry of Petroleum and Mineral Resources said the country has found a new oil field in the shallow waters of…

Oil demand is recovering from the greatest fall in its history in 2020, the International Energy Agency (IEA) said on Tuesday, but…

The Nigeria Extractive Industries Transparency Initiative (NEITI) has described as laudable, the decision of the Nigeria National Petroleum Corporation (NNPC) to make…

Sen. Bassey Akpan, Chairman, Senate Committee on Petroleum Upstream, says the published Audited Financial Statement of the Nigerian National Petroleum Corporation (NNPC)…