Oil and Gas

Oil rose to around $73 a barrel on Friday, supported by growing signs of supply tightness in the United States as a…

Bayelsa State government and the Nigerian Content Development and Monitoring Board (NCDMB) have entered into a purchase agreement to ensure regular power…

Stakeholders from the Niger Delta region have hailed the Minister of Niger Delta Affairs, Senator Godswill Akpabio, following last week’s submission of…

Oil prices fell on Friday, slipping after a U.S. jobs report indicated a patchy recovery amid the pandemic. Losses were capped by…

The Nigerian National Petroleum Corporation (NNPC) has said that concerted efforts by the Corporation and some Federal agencies to combat the menace…

Crude oil has had an interesting August, but on the whole, prices  are likely to end the month lower than they started…

Traditional rulers of Ogoni ethic nationality in Rivers State have advised the Nigerian Petroleum Development Company, NPDC, to approach the stakeholders of…

Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in the 2020…

Oil prices rose early on Friday and were on course to post their biggest weekly gain since October last year as Gulf…

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has projected $57 per barrel as crude oil bench…

The Minister of State for Petroleum Resources, Chief Timipre Sylva says the modular refinery programme to boost local production of  crude oil…

Oil prices rose 3% on Tuesday, extending sharp gains on a bullish demand outlook as U.S. regulators issued their first full approval…

Road Transport owners across Nigeria have expressed optimism that the 650,000 barrels-per-day Dangote Petroleum Refinery would deepen the downstream sector and positively…

Oil prices rose more than 5% on Monday, as a weaker dollar and strong global equities markets boosted crude futures after seven…

National Bureau of Statistics has said that the price of household kerosene rose to N520 per litre in some state in the…