Oil and Gas

Nigeria and other West African crude sellers have been dealt a big blow by key buyer India slowing down its purchases as…

The Nigerian Governors forum has said that keeping petrol price at N162 per litre is unsustainable. The thirty- Six State Governors therefore…

Director, Department of Petroleum Resources (DPR), Mr Sarki Auwalu, has urged Africa to rise to the challenge of harnessing its oil and…

The U.S. capital was running out of gasoline on Friday even as the top U.S. fuel pipeline ramped up deliveries following a…

Oil prices rose on Friday, reversing some of the previous day’s sharp losses as stock markets strengthened and the U.S. dollar slipped,…

Oil prices rose more than 1% on Wednesday, putting the contracts on track for their highest close in almost eight weeks, as…

The Executive Secretary, Petroleum Equalisation Fund (PEF), Alhaji Ahmed Bobboi says plans are in the pipeline to commence transportation of petroleum products…

Crude oil prices turned higher as a major U.S. fuel pipeline said it could largely restart within the week after a cyberattack…

Crude Oil prices rose on Thursday, on track to hit six-week highs as strong U.S. economic data, a weak dollar and an…

Oil prices edged higher on Tuesday as OPEC+ was expected to stick to existing plans to boost oil output slightly from May…

The gas development and commercialisation programme of the Nigerian National Petroleum Corporation (NNPC) received a boost Thursday with the execution of the…

 The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks…

Oil prices on Wednesday fell for a second day to their lowest in a week on asurprise build in U.S. crude inventories…

Minister of State, Petroleum, Chief Timipre Sylva has sued for sustainable peace in the Niger Delta, saying the quest to have multinational…

Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry,…