The Edo Modular Refinery being developed by Edo Refinery and Petrochemical Company Limited (ERPC) with support from the Edo State Government is…
Oil and Gas
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The Independent Corrupt Practices and Other Related Offences Commission has quizzed top management officials of the Niger Delta Development Commission over allegations…
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Senate has directed the Accountant General of the federation to investigate payments amounting to $18 billion as dividends from Nigeria’s investment in…
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Nigeria refineries in Nigeria are said to process almost no crude oil in the 13 months to end June, according to the…
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For the Nigerian Petroleum Industry to move forward in the face of the COVID-19 pandemic, the Nigerian National Petroleum Corporation (NNPC) Group…
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The changes in the global energy landscape has made it imperative for the oil and gas industry to adapt accordingly in order…
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The Managing Director, Total Exploration and Production Limited, Mr Mike Sangster, says the company targets to achieve a net zero carbon emission…
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NewsOil and Gas
NNPC Posts Crude Oil & Gas Export Receipts of $378.42m in June, records $4.60bn export sale in one Year
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $378.42million in June 2020 as…
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Timipre Sylva, Minister of State for Petroleum Resources, said the Federal Government had approved the establishment of Nigeria National Petroleum Corporation (NNPC),…
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Oil prices fell on Thursday as major producers warned of a risk to demand recovery if the coronavirus crisis is prolonged as…
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OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, will on Wednesday meet to review compliance with oil cuts…
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NewsOil and Gas
NNPC becomes EITI partner company, says new status to deepen commitment to accountability, transparency
The Nigerian National Petroleum Corporation (NNPC) has become an Extractive Industries Transparency Initiative (EITI) partner company, joining a group of over 65…
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Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is…
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Ascon Oil Company Ltd has denied a claim by Stanbic IBTC Bank PLC that it retook possession of its petrol station at…
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World oil demand will fall more steeply in 2020 than previously forecast due to the coronavirus and there are doubts about next…