Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has promised to create a sustainable environment for the sale and operations of Nigeria’s 19 oil…
Category:
Oil and Gas
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Oil futures rose on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a quick…
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Oil futures inched lower in Friday dealings, with easing concerns about potential supply disruptions in the Middle East, strength in U.S. production,…
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Exxon Mobil’s asset sale to Seplat Energy could be approved in less than two weeks, Nigeria’s oil regulator told Reuters on Thursday,…
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African oil and gas executives and Small Medium Enterprises (SMEs) operators are set to examine opportunities and collaborations for investment in the…
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Nigerian Upstream Petroleum Regulatory Commission said it has commenced the evaluation of the divestment processes of Shell’s 75-year-old onshore assets to Renaissance…
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Chinese state energy major PetroChina has been waiting to unload a cargo of U.S. crude at Nigeria’s giant new refinery for nearly…
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Dangote Petroleum Refinery said it has further reduced the prices of both diesel and aviation fuel to N940, N980 per litre respectively.…
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Operators in oil and gas sector and human rights groups have lamented the astronomical rate at which corruption is eating deep into…
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Nigeria has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass methanol facility, resolving a major hurdle…
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Fresh revelations is pointing to the fact that the federal government has reintroduced subsidy from the back door after the free fall…
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Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to…
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Global benchmark Brent hovered around $90 a barrel on Thursday as persistent inflation dampened rate cut optimism in the short term, but…
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Community Development Committee of Niger Delta Oil and gas producing area, CDC has faulted plans by the federal government to transport crude…
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NNPC Ltd is said to be owing around $3 billion to fuel traders for imported petrol, three sources told Reuters, as the…