National Assembly has said it aims to pass a long-delayed bill to overhaul the oil sector by the end of July. …
Oil and Gas
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The Nigerian National Petroleum Corporation (NNPC) has said that that it spent the sum of $396 million on refineries turn around maintenance…
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U.S. oil prices rose above $70 a barrel for the first time since November 2014 and Brent crude climbed to fresh…
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Management of Forte Oil has said the company plans to sell its upstream services and power businesses in Nigeria and divest from…
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Oil prices held steady as the dollar remained near a four-month high, with crude supported by worries that United Sstates President Donald…
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West Africa-focused oil and gas group Savannah Petroleum is considering selling a minority stake in its Niger assets before first oil flows…
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There’s been ongoing community protests at Oil Mining Lease (OML) 30, Nigeria’s second largest onshore oil & gas asset, located in the…
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The Nigerian Petroleum Development Company, NPDC, yesterday, said it has commenced the establishment of a 330,000 metric tonnes per day Liquefied Petroleum…
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The Buhari administration is not only committed to ensuring that the clean-up of Ogoniland is carried out, but also ensuring that it…
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The World Bank has projected that crude oil price will average $65 a barrel over 2018, up from an average of $53…
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As OPEC’s effort to balance the oil market bear fruits, US producers are reaping the benefits and flooding Europe with a record…
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Nigeria’s oil exports are expected to fall slightly in June to just under 1.8 million barrels per day (bpd), loading plans has…
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Price of petrol will be reviewed as soon as Petroleum Industry Governance Bill is passed to law. This is the view of…
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The Nigerian National Petroleum Corporation, NNPC, has said that its downstream subsidiary, NNPC Retail Limited, has introduced stricter measures to scrutinise…
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Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Maikanti Baru, has stated that funding remained a major constraint to…