Host Communities Producing Oil and Gas HOSTCOM have again kicked against the 2.5 percent equity shareholding recommended for oil impacted communities in…
Oil and Gas
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Saudi oil giant Aramco on Friday entered into a $12.4 billion deal with a consortium of investors led by EIG Global Energy…
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Department of Petroleum Resources has said that it will soon phase out petrol tankers operating in the down stream sector of the…
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The Nigeria National Petroleum Corporation (NNPC) has restated its commitment to the partnership with the Government of Kebbi State for the production…
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Director and Chief Executive Officer of The Department of Petroleum Resources (DPR) Engr. Sarki Auwalu has said that DPR revoked three Oil…
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Oil and Gas
NNPC Signs $1.5bn contract for rehabilitation of PH refinery, to Award Warri, Kaduna in June
The drive by the Management of the Nigerian National Petroleum Corporation (NNPC) to boost in-country refining capacity was bolstered on Tuesday with…
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Strong economic data from China and the United States helped lift oil prices by more than 1% on Tuesday, recouping some of…
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Oil prices rose on optimism about U.S and European economic recoveries and expectations OPEC and its allies will keep production curbs in…
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Oil and GasNews
Nigeria to play strategic role in new World Energy Order, transition fuels unavoidable—- Kyari
As the world transits to cleaner energy, the Nigerian National Petroleum Corporation (NNPC) has affirmed Nigeria’s preparedness to play a strategic role…
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Crude Oil price fell as a container ship that has blocked the Suez Canal for nearly a week was refloated and traffic…
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The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has described the recently approved rehabilitation exercise of…
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Nigeria LNG Limited (NLNG), has signed a five-year Memorandum of Understanding (MOU) with two U.S. government development agencies to make Bonny Island…
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Lagos State governor, Babajide Sanwo-Olu, has commended the Dangote Group for situating the biggest investment in the country in Lagos State, and…
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The Nigeria Extractive Industries Transparency Initiative (NEITI) says it is strategising to ensure that N69.5 billion and 5.31 billion dollars statutory revenue…