Stagnant European demand is said to offer little hope to sellers of Nigerian crude on Wednesday, as China and India continued to…
Category:
Oil and Gas
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Nigeria’s Bonga crude oil export terminal has begun routine maintenance, its operator Shell told Reuters on Tuesday, adding it aimed to have…
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NewsOil and Gas
Competence, transparency, accountability, national spread bases for employment, progression in NNPC
The Nigerian National Corporation (NNPC) has explained the parameters for employment as well as career progression in the corporation, using the recently…
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An English court threw out a $1.1 billion case Nigeria had brought against Royal Dutch Shell and Eni related to a dispute…
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NewsOil and Gas
Oil prices surge to 2-month high on hopes of demand rebounding and output cuts paying off
Crude oil prices jumped to a two-month high on Monday, reflecting output cuts and investors betting that looser lockdowns will boost demand…
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Total has called off a plan to acquire Occidental Petroleum’s assets in Ghana, which was conditional on the completion of the acquisition…
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The Secretary to the Government of the Federation and Chairman of the Presidential Taskforce on Covid-19, Boss Mustapha, has applauded the Nigerian…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged the newly recruited Graduate Trainees (GTs)…
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Oil demand is still set for a record fall in 2020, the International Energy Agency (IEA) said but it trimmed its forecast…
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Nigeria LNG has signed the engineering, procurement and construction (EPC) contract for Train 7, its major gas expansion plan, Nigeria’s oil minister…
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NewsOil and Gas
NNPC records ₦211.62bn from petroleum products sales in February, 111% increase in trading surplus
The Nigerian National Petroleum Corporation (NNPC) Tuesday in Abuja announced that its Downstream subsidiary Company in charge of bulk sales and distribution…
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Oil prices fall on Monday as concern over a persistent glut caused by the coronavirus pandemic combined to cancel out support from…
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The President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Chinedu Okoronkwo says its members have started buying Premium Motor Spirit (PMS)…
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The Nigerian National Petroleum Corporation (NNPC) said it has effected a reduction in the ex-depot price of petrol from N113.28k per litre…
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Nigerian National Petroleum Corporation (NNPC)-Agip Joint Venture on Saturday flagged off the construction of a 200 bed capacity infectious diseases hospital for…