Oil and Gas

A Federal High Court sitting in Port Harcourt, Rivers State has ordered the arrest and detention of three crude oil drilling rigs,…

Minister of Petroleum Resources Emmanuel Ibe Kachikwu said that the federal government has initiated plans to achieve 100 per cent local fabrication…

  Shell says it has started gas production at expanded Nigeria project. Anglo-Dutch oil major Royal Dutch Shell has said that gas production…

The Department of Petroleum Resources (DPR) has indicated its willingness to collaborate with the Lagos State Government in its quest to develop…

Crude oil prices rose to $52, lifted by indications that supply is gradually tightening, especially in the United States. Brent crude oil…

Group Managing Director of the Nigerian National Petroleum Corporation,(NNPC)  Dr. Maikanti Baru has begged oil pipeline hackers to stop such nefarious act…

The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has saved the country over $3 billion annually, since August 2015 and had…

Nigeria Extractive Industries Transparency Initiative, NEITI, has indicted Total, NNPC, Seplat Atlas Summit oil for failing to comply with its on-going independent…

Shell Development company has asked youths in Niger Delta to ask their community leaders and government for development money the company has…

Integrated Oil and Gas Ltd and United States Trade and Development Agency (USTDA) have signed a N360 million loan agreement for the…

The International Energy Agency has cut the estimates for the amount of crude needed from OPEC this year and in 2018 after lowering…

The recurring protest against the activities of oil companies operating in the Nigeria Delta reared its ugly head as hundreds of host…

Nigerian National Petroleum Corporation, NNPC said that a consortium of Chinese banks have invested $250 million in the Nigerian petroleum industry. China’s…

Organisation of Petroleum Exporting Countries OPEC has forecast that crude oil prices will rebound next year as glut in the international oil…

Key Nigerian agencies have agreed to partner in oil revenue savings and promotion of better attitude to public office.They are Nigeria Extractive…