Oil and Gas

Ijaw Youth Council (IYC) worldwide, has threatened to occupy all Shell Petroleum Development Company (SPDC) facilities in the Niger Delta region to…

The Nigerian Independent Petroleum Company (NIPCO), says it has intensified investment in gas infrastructure to aid diversification and Nigeria’s energy transition. Mr…

The Society of Petroleum Engineers (SPE), Nigeria Council says in view of energy transition, Nigeria needs to effectively harness potential of gas…

Nigerian National Petroleum Company Limited (NNPC Ltd), says it plans to deepen relationship with the Industry, Governments, Research Institutions and the Academia…

Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the Federal Government has received $800 million from the World…

Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production amounting to around 1.15 million barrels per…

Oil prices rose by more than a dollar a barrel on Friday as supplies tightened in some parts of the world and…

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will partner  Oil Trading and Logistics (OTL) Africa Downstream to sanitise…

Nigeria’s Timipre Sylva has resigned as the country’s minister of state for petroleum to seek a new term as governor of oil-producing…

Chad’s parliament on Wednesday approved a bill to nationalise oil assets and rights acquired last year by Savannah Energy from ExxonMobil’s affiliate,…

Nigerian Content Development and Monitoring Board (NCDMB) has challenged the oil companies to set aside a percentage of their annual budget to…

The bears continued to dominate the local bourse  as the benchmark index gave up 0.47% to close at 53,498.27 points. The market’s…

The Special Investigative Panel on Oil Theft/Losses in Nigeria, has submitted its report to the National Security Adviser (NSA), retired Maj.-Gen. Babagana…

Oil prices rose on Monday after Iraq was forced to halt some of its crude exports from its semi-autonomous Kurdistan region and…

Stakeholders in the nation oil and gas industry will on Tuesday converge in Yenagoa, Bayelsa State capital for a tax awareness workshop…