The Transmission Company of Nigeria (TCN) has said that gas supply to generating stations had built up gradually after the Nigeria National…
Oil and Gas
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Transmission Company of Nigeria (TCN) has shut down six thermal power generating stations to enable the Nigeria Gas Company (NGC) pipeline carry…
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US President Donald Trump has accused the Organisation of Petroleum Exporting Countries(OPEC) of driving up oil prices, in a fresh swipe at…
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Nigeria’s oil exports are expected to fall in July to just 1.43 million barrels per day (bpd), loading plans showed on Monday, the…
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Oil and GasNews
Oil and gas are only today’s resources, not tomorrow’s Osinbajo tells Africa oil producers
Vice President Professor Yemi Osinbajo has said that oil and gas are only guaranteed as today’s resources, and not necessarily tomorrow’s. Speaking at…
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A Niger Delta group, under the aegis of Niger Delta Activist Forum, has threatened to shut down the Nigeria Agip Oil Company (NAOC)…
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Minister of State for Petroleum Resources Mr. Ibe Kachikwu, has said that more gas resources have been found offshore Lagos. He also…
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Nigerian National Petroleum Corporation (NNPC) has denied that it approved N36billion compensation to paid to Alesa-Eleme community in Rivers State as royalty…
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Oil prices steadied on Wednesday after slipping prices on concerns that Saudi Arabia and Russia will pump more crude in response to…
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Ladol, a logistics hub for the offshore oil industry in Lagos, Nigeria, is mulling a stock-market listing and corporate bonds to expand…
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Exxon Mobil Corp evacuated non-essential workers from the Lena production platform in the Gulf of Mexico ahead of Subtropical Storm Alberto, the…
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Oil prices fell more than $2 per barrel on Friday as Saudi Arabia and Russia discussed easing production cuts that have helped…
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The Nigerian National Petroleum Corporation, NNPC, has directed its downstream subsidiary, NNPC Retail Limited, to ensure it grow its market share of…
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Flows of crude oil along Nigeria’s Trans Forcados pipeline have started to ramp up again after an outage of almost a week,…
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Lawyers for the Bodo community in Nigeria’s oil-producing Niger Delta, which was devastated by two major oil spills a decade ago, went…