Oil and Gas

The Nigerian National Petroleum Corporation, NNPC, has directed its downstream subsidiary, NNPC Retail Limited, to ensure it grow its market share of…

Flows of crude oil along Nigeria’s Trans Forcados pipeline have started to ramp up again after an outage of almost a week,…

Lawyers for the Bodo community in Nigeria’s oil-producing Niger Delta, which was devastated by two major oil spills a decade ago, went…

(Reuters) Seven years ago, two middlemen launched civil lawsuits to seek payment for helping arrange a $1.3 billion oil deal in Nigeria.…

  The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to…

Brent oil prices were little changed on Friday but were on track for a sixth straight week of gains, boosted by strong…

Oil prices hit $80 a barrel for the first time since November 2014 on concerns that Iranian exports could fall due to…

Nigerian National Petroleum Corporation, NNPC, has urged lawmakers to review downward the duration of petroleum licences as stipulated in the draft Petroleum…

Some shareholders of Oando Plc on Wednesday cautioned its management against moves to reconcile with Ansbury Investments Incorporated, owned by Mr Gabriele…

  NNPC has awarded  contracts to buy and sell Nigerian crude to 50 companies of which 32 are local firms. Top on…

The trial of top executives from oil majors Eni and Shell over alleged corruption in Nigeria kicked off on Monday with a…

The Nigerian National Petroleum Corporation, yesterday has said that it saved the nation the sum of $1.7 billion as it secured a…

  Nigerian National Petroleum Corporation, NNPC said that currently, it is the most transparent public sector organisation in the country. Speaking at…

  National Assembly has said it  aims to pass a long-delayed bill to overhaul the oil sector by the end of July. …

The Nigerian National Petroleum Corporation (NNPC) has said that that it spent the sum of $396 million on refineries turn around maintenance…