Seplat Energy Plc on February 25 announced an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU), a…
Category:
Oil and Gas
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Chinese technology company, Hauwei Technologies on Tuesday said it had developed an intelligent pipeline monitoring system to help tackle crude oil theft…
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The United States vowed on Tuesday to release 30 million barrels of oil as part of a global 60 million barrel pledge…
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Nigeria governors have kicked against a proposed electricity bill they perceived will be injurious to states in the country just as the…
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Oil prices slipped on Friday after sharp rises earlier in the session on concern over potential global supply disruptions from sanctions on…
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Brent crude price has soared to $104 dollar a barrel following Russia invasion of Ukraine. April Brent crude, the global benchmark, traded…
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The Nigerian Army has asked the Presidential Amnesty Programme, PAP, for intervention to end illegal oil bunkering in the Niger Delta region. The General…
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NewsOil and Gas
Edo inventors develop 5,000LPD modular refinery seek investors to commercialise products
The ongoing Edo Technology and Innovation Expo has continued to showcase the innovative potentials of researchers in Edo State, with inventors thrilling…
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Senate has approved the nominations of five Executive Director-nominees of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Their confirmation is coming…
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(Reuters) -Oil rose to its highest since 2014 on Tuesday after Moscow ordered troops into two breakaway regions in eastern Ukraine, tempered…
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Oil prices have higher to go, and they will stay there for an extended period of time, says the chief executive of…
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Nigeria National Petroleum Corporation has said that 30 vessels are to deliver an additional supply of 2.3 billion litres of PMS into…
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NewsOil and Gas
We’ll deal with erring PMS suppliers, House C’ttee tells Nigerians, as NNPC CEO assures fuel queues will vanish in few days
The Chairman, House of Representatives Committee on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya has assured Nigerians that his Committee will handle companies…
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Mounting fears that Russia’s invasion of Ukraine is “imminent” sent oil prices to their highest in more than seven years. Brent crude…
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Plant operators in Nigeria have demanded a fair employment deal for their members in the ongoing Nigeria Liquefied Natural Gas, NLNG, Train…