Oil and Gas

Oil prices will see modest gains for the rest of the year and into 2022 as consumption resumes its recovery to pre-pandemic…

The Corporate Affairs Commission (CAC) has completed the Incorporation of Nigerian National Petroleum Company Limited. This is in accordance with provisions of…

The Nigeria Extractive Industries Transparency Initiative (NEITI) has signed a Memorandum of Understanding (MoU) with the Economic and Financial Crimes Commission (EFCC),…

Oil prices gained on Monday for a fifth straight day, with Brent at its highest since October 2018 and heading for $80,…

Brent crude oil was up in London, climbing for a fourth day amid tighter supplies and a strong appetite for riskier assets…

World Economic Forum has said that a new white-paper outlining the key considerations in setting the course for Africa’s energy future was…

OPEC+ is working to keep prices around $70 per barrel, Reuters has reported, citing Iraq’s oil minister, Ihsan Abdul Jabbar Ismail. The…

Jonathan Zarembok, a former BP West Africa oil trader claims that he was fired by the company for raising concerns over a…

President Muhammadu Buhari has written the Senate,  seeking for the screening and subsequent confirmation of  members of the Board of the Nigerian Midstream…

The Nigerian National Petroleum Corporation (NNPC) says it recorded a total crude oil and gas export sales of $219.75m in May 2021,…

Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, on Tuesday, said that the board is not an intervention…

Dangote Oil Refinery has thrown its weight behind the Nigerian Content Development and Monitoring Board (NCDMB) to promote the critical issue of…

Crude oil prices rose to near six-week highs on Monday as U.S. output remains slow to return two weeks after Hurricane Ida…

Ijaw Elders Forum, IEF,  and other Ijaw socio-political groups have called on the Governor of Bayelsa State, Senator Douye Diri, to brief…

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