Oil and Gas

Petroleum Products and Deposits Traders Association of Nigeria says accessing foreign exchange at the official rate is a serious challenge for traders.…

Oil prices rose by 4% on Friday as the dollar eased, with an EU ban on Russian oil looming large and investors…

Edo State Governor, Mr. Godwin Obaseki, has said the state has set a target of ensuring that all crude oil and gas…

U.S. President Joe Biden, has expressed outrage at oil companies making record profits while Americans pay high fuel prices, Global energy giants…

NNPC Upstream Investment Services, NUIS, a subsidiary of NNPC, yesterday disclosed that it has entered an agreement with its partner, Chevron Nigeria…

Nigeria will need to invest up to $425 billion in mixed energy sources in order to attain stability by the year 2060,…

The price of  Dual Purpose Kerosene,  DPK, also commonly known as Kerosene, is gradually getting out of the reach of the average…

Kogi has finally joined the league of oil producing states in Nigeria as it received the first derivation allocation from the Federation…

Pan-Niger Delta Forum, PANDEF, led by the South South leader, Chief Edwin Clark has asked President Muhammadu Buhari to as a matter…

President Muhamadu Buhari has sacked the Sole Administrator of the Niger Delta Development Commission (NDDC), Effiong Akwa. No reason was given for…

Nigeria Minister of State Petroleum Resources Chief Timipre Sylva said that the Organisation of Petroleum Exporting Countries OPEC, decision to cut two…

Niger Delta, the Environmental Rights Action/Friends of the Earth Nigeria, has in a report alleged that current divestment process by oil companies…

National Petroleum Investment Management Services, NAPIMS, has inspected the major illegal connection on the Forcados export line that was reported by one of…

Conference of Nigeria Political Parties (CNPP) has said that President Muhammadu Buhari reinforced corruption in the country the very day he inaugurated…

OPEC+ member states lined up on Sunday to endorse a steep production cut agreed this month after the White House, stepping up…