Oil and Gas

The Nigerian Content Development and Monitoring Board (NCDMB) has raised $200 million to facilitate local content development in the oil sector. The…

World oil consumption will reach 100 million barrels per day (bpd) later this year, hitting that level much sooner than previously forecast,…

Brent crude Oil price rose to $78.09 a barrel supported by concerns that falling Iranian output will tighten markets once U.S. sanctions…

OPEC oil output has risen in August to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record,…

The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009.…

The Nigerian National Petroleum Corporation (NNPC) says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per…

The National Bureau of Statistics (NBS) has said that Nigeria imported165.71 million litres of Liquefied Petroleum Gas (LPG) in the second quarter…

Nigeria’s oil exports are expected to rise to their highest in four months in October, thanks to supply of several larger grades coming…

World Energy News has reported that Nigerian crude exports to Asia hit 664,000 barrels per day (bpd) in July, the highest in…

Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, has said that NLNG’s planned Train seven Project, that…

The Nigerian National Petroleum Corporation (NNPC) has said  that the execution of the strategic Ajaokuta-Kaduna-Kano gas pipeline project is 100 per cent…

Nigerian National Petroleum Corporation (NNPC) has hinted of plans to establish a 100,000-barrels-per-day brownfield refinery each in Port-Harcourt and Warri. A press…

The Centre for Petroleum Information (CPI) at a Petroleum Policy Roundtable held in Lagos warns that as long as Nigeria fails to…

Gloomy months lie ahead of Nigeria and other crude oil exporters as OPEC on Monday forecast lower demand for crude next year.…