Brent crude oil rose 34 cents to $73.03 a barrel on Monday. Earlier in the session, it reached $73.64 a barrel, its…
Category:
Oil and Gas
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Oil prices edged up to multi-year highs on Friday, heading for a third straight week of gains on the improved outlook for…
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Federal Government has signed shareholders agreement for the construction of Brass Petroleum Products Terminal Ltd (BPPT) to curb illegal refining and stabilise…
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The Department of Petroleum Resources (DPR) says Nigeria’s proven natural gas reserve stood at 206.53 trillion cubic feet (tcf) as at Jan.1,…
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Oil and Gas
Africa Local Content Fund to catalyse Research, Development to drive Local Content Initiative – Wabote
Poised to take full advantage of emerging opportunities in local content administration, key stakeholders and policy leaders in Africa’s Oil and Gas,…
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Brent crude oil price edged higher to $71.88 a barrel after the top U.S. diplomat said that even if the United States…
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The Nigerian National Petroleum Corporation (NNPC) says it remains committed to the promotion of sustainable environment across it operations, stressing that its…
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Oil rose nearly 1% on Wednesday, supported by a decision by OPEC and its allies to stick to its plan to gradually…
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Africa-focused Savannah Energy and Exxon Mobil Corp are in exclusive talks over the sale of Exxon’s interest in energy assets in Chad…
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The Department of Petroleum Resources (DPR) says that 50 per cent of short listed companies for marginal field oil operations have been…
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Oil and Gas
NNPC to acquire equity in Dangote, other refineries in line with FG’s policy, to safeguard national energy security
The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation in a number of private refineries in the…
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Oil prices rose by 1 percent early on Monday, driven by expectations that recovering demand with summer travel and reopening economies will…
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The Minister of State for Petroleum Resources, Chief Timpre Sylva, has tasked the Nigerian Liquefied Natural Gas Limited (NLNG) to play a…
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Brent crude futures rose by 0.35% on Friday afternoon to close at $69.70 a barrel, while Western Texas Intermediate futures rose by…
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The Nigerian National Petroleum Corporation (NNPC) has announced a ₦39.85billion trading surplus for the month of February 2021 representing a massive 314.24%…