Oil and Gas

Oil rose on signs the pace of U.S. stockpile gains is slowing as refiners resume operations after Hurricane Harvey, boosting crude demand. Futures…

Nigerian National Petroleum Corporation, NNPC in compliance with federal government directive that Nigeria will stop importing petroleum product by 2019 has inaugurated…

Brent crude futures were up 11 cents at $54.31 a barrel, close to their highest since May 25, while U.S. West Texas…

Nigerian National Petroleum Corporation NNPC, in collaboration with one of its Joint Venture partner ExxonMobil is making moves to lift Nigeria’s crude…

Oil prices rose on Wednesday as strong global refining margins and the reopening of U.S. Gulf Coast refineries provided a more bullish…

United States has been hit by petrol or gasoline shortage as the effect of Tropical Storm Harvey and the flood it brought…

  The Nigerian National Petroleum Corporation, NNPC has said that its sustained intervention in the downstream sector of the petroleum industry has…

THE Nigeria Union of Petroleum and Natural Gas Workers, NUPENG has rejected threat by oil marketers to embark on mass sack of…

OPEC oil output dropped lower in July, as renewed unrest cut supplies in Libya and other members stepped up compliance with a…

The Federal Government is said to be owing the Niger Delta Development Commission (NDDC) the sum of N1.8 trillion since its inception…

The Nigerian National Petroleum Corporation, NNPC has announced major restructuring in its operations with the appointment and redeployment of 55 key executives…

Petrol futures soared Monday as Tropical Storm Harvey continued to wreak havoc on Texas, knocking major Gulf Coast refineries out of action.…

The Nigerian National Petroleum Corporation, NNPC said it has set a 10-year timeframe for indigenous oil and gas companies operating in the…