The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production…
Category:
Oil and Gas
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OPEC+ resumes talks on raising oil output on Friday after the United Arab Emirates blocked a deal the previous day, creating a…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government decision to acquire 20 per cent equity stake…
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Both chambers of Nigeria’s parliament have passed a bill that overhauls nearly every aspect of the country’s oil and gas production, putting…
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Oil prices rose about 2% on Thursday on indications that OPEC+ producers could increase output more slowly than expected in coming months,…
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Senate has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari to appear before it tomorrow to…
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Oil prices rose on Tuesday as broad hopes for a demand recovery persisted, fuelled by comments from OPEC’s secretary general, over shadowed…
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The Senate will on Thursday debate the report of its joint committees on Petroleum (Upstream, Downstream and Gas) on the Petroleum Industry…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva says the COVID-19 pandemic that rocked the global community has some positive…
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The Nigerian National Petroleum Corporation (NNPC) is collaborating with the Economic and Financial Crimes Commission (EFCC), Department of State Services (DSS), Nigeria…
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Oil prices rose with Brent climbing above $76 a barrel to its highest since late 2018, after data showed U.S. crude inventories…
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House of Representatives has expressed dissatisfaction over the poor stakeholders attendance as ongoing nationwide compulsory firemen training and certification for fuel stations,…
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Oil futures rose on Friday, reversing early losses and set for a fourth week of gains after OPEC sources said the producer…
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Oil prices rose nearly 2% to their highest in more than two years on Tuesday, buoyed by expectations demand will recover rapidly…
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Italy’s justice ministry ordered an inquiry on Tuesday into the conduct of two prosecutors in a corruption case involving energy groups Eni…