Oil and Gas

There’s been ongoing  community protests at Oil Mining Lease (OML) 30, Nigeria’s second largest onshore oil & gas asset, located in the…

The Nigerian Petroleum Development Company, NPDC, yesterday, said it has commenced the establishment of a 330,000 metric tonnes per day Liquefied Petroleum…

 The Buhari administration is not only committed to ensuring that the clean-up of Ogoniland is carried out, but also ensuring that it…

The World Bank has projected that crude oil price will average $65 a barrel over 2018, up from an average of $53…

As OPEC’s effort to balance the oil market bear fruits, US producers are reaping the benefits and flooding Europe with a record…

Nigeria’s oil exports are expected to fall slightly in June to just under 1.8 million barrels per day (bpd), loading plans has…

Price of petrol will be reviewed as soon as Petroleum Industry Governance Bill is passed to law. This is the view of…

   The Nigerian National Petroleum Corporation, NNPC, has said that its downstream subsidiary, NNPC Retail Limited, has introduced stricter measures to scrutinise…

  Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Maikanti Baru, has stated that funding remained a major constraint to…

The Group Executive Director, Finance and Account of the Nigerian National Petroleum Corporation (NNPC), Mr Isiaka Abdulrazak said the corporation recorded a…

The International Energy Agency said that the international oil market could become too tight if supply remains restrained by OPEC and its…

Shell’s has said its payments to the federal government of Nigeria rose to $4.32 billion in 2017 about 19 per cent from…

  The Petroleum Technology Development Fund, PTDF, said has modified its overseas scholarship scheme and that it has suspended the conduct of…

JP Morgan Chase has asaid it knew a former Nigerian oil minister convicted of money laundering would benefit when it transferred over…