Oil and Gas

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged the newly reconstituted Board of the…

The Nigerian National Petroleum Corporation (NNPC) in Abuja said there was an increase of 19.14 per cent in the average daily natural…

Oil prices drifted lower on Thursday as concerns about renewed COVID-19 lockdowns in the United States outweighed signs of a recovery in…

The Nigerian National Petroleum Corporation (NNPC) has reported seven fatalities in an explosion incident which occurred at Gbetiokun, Oil Mining Lease (OML…

The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention (NCI)…

The Nigerian National Petroleum Corporation (NNPC) said that it has made new appointments and redeployments in the corporation, as part of ongoing…

The Nigeria Labour Congress (NLC) has said no to the new price regime announced by PPPRA describing it as shocking and embarrassing.…

Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in…

The Nigerian Content Development and Monitoring Board (NCDMB) has signed an equity investment agreement with Duport Midstream Company for the establishment of…

The Nigerian National Petroleum Corporation (NNPC) has called on members of the public to discountenance reports of a possible fire outbreak from…

Dare devil pirates attacked Addax oil production vessel off Nigeria and kidnapped nine Nigerian nationals, its owner BW Offshore said. The floating…

The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium Motor Spirit,…

South African petrochemicals giant Sasol has said it would sell its indirect interest in the Escravos gas-to-liquids (EGTL) plant in Nigeria to…

President Muhammadu Buhari has given his commitment to ensure timely delivery of the landmark Ajakuota-Kaduna-Kano (AKK) gas pipeline project just as Nigerian…

Department of Petroleum Resources DPR, has changed the way marginal oilfields are allocated to avoid legal problems that bedevilled a previous bidding…