West Africa-focused oil and gas group Savannah Petroleum is considering selling a minority stake in its Niger assets before first oil flows…
Oil and Gas
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There’s been ongoing community protests at Oil Mining Lease (OML) 30, Nigeria’s second largest onshore oil & gas asset, located in the…
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The Nigerian Petroleum Development Company, NPDC, yesterday, said it has commenced the establishment of a 330,000 metric tonnes per day Liquefied Petroleum…
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The Buhari administration is not only committed to ensuring that the clean-up of Ogoniland is carried out, but also ensuring that it…
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The World Bank has projected that crude oil price will average $65 a barrel over 2018, up from an average of $53…
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As OPEC’s effort to balance the oil market bear fruits, US producers are reaping the benefits and flooding Europe with a record…
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Nigeria’s oil exports are expected to fall slightly in June to just under 1.8 million barrels per day (bpd), loading plans has…
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Price of petrol will be reviewed as soon as Petroleum Industry Governance Bill is passed to law. This is the view of…
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The Nigerian National Petroleum Corporation, NNPC, has said that its downstream subsidiary, NNPC Retail Limited, has introduced stricter measures to scrutinise…
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Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Maikanti Baru, has stated that funding remained a major constraint to…
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The Group Executive Director, Finance and Account of the Nigerian National Petroleum Corporation (NNPC), Mr Isiaka Abdulrazak said the corporation recorded a…
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The International Energy Agency said that the international oil market could become too tight if supply remains restrained by OPEC and its…
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Shell’s has said its payments to the federal government of Nigeria rose to $4.32 billion in 2017 about 19 per cent from…
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The Petroleum Technology Development Fund, PTDF, said has modified its overseas scholarship scheme and that it has suspended the conduct of…
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JP Morgan Chase has asaid it knew a former Nigerian oil minister convicted of money laundering would benefit when it transferred over…