Oil and Gas

Oil prices fall on Monday as concern over a persistent glut caused by the coronavirus pandemic combined to cancel out support from…

The President,  Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Chinedu Okoronkwo says its members have started buying Premium Motor Spirit (PMS)…

The Nigerian National Petroleum Corporation (NNPC) said it has  effected a reduction in the ex-depot price of petrol from N113.28k per litre…

Nigerian National Petroleum Corporation (NNPC)-Agip Joint Venture on Saturday flagged off the construction of a 200 bed capacity infectious diseases hospital for…

More than 1,000 graduate trainees recently recruited by the Nigerian National Petroleum Corporation (NNPC) are to assume duty Monday 4 May, 2020,…

All stations under the brand name of NNPC Retail Limited operate under very high safety standards as endorsed by the Federal Fire…

Brent crude, for June delivery was down $1.76, or 8.2%, at $19.68 a barrel, following its 23.7% weekly drop. As a result…

The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is engaging the Central Bank of Nigeria(CBN) to determine the applicable foreign exchange…

Despite the supply chain constraints involved in simultaneous nationwide delivery and distribution of medical items at this period, the Nigerian National Petroleum…

The U.S. Securities and Exchange Commission has dropped its inquiry into Royal Dutch Shell’s 2011 acquisition of an offshore oil block in…

Nigeria recorded crude oil and gas export sale of $434.85million in January, 2020, an increase of 94.30 per cent pitched against the…

Oil prices have plunged further below $5 a barrel with the threat to erase decade of demand growth with thousands of jobs…

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its planned industrial action after 21 Exxon Mobil Corporation…

Lagos Chamber of Commerce and Industry (LCCI) has tasked the Nigerian National Petroleum Corporation (NNPC) on legal backing to consummate its process…

U.S. President Donald Trump said on Monday the OPEC+ group of oil producers is looking to cut output by 20 million barrels…