Oil and Gas

The Deputy Managing Director (Deep Water) TOTAL Nigeria, Mr Musa Ahmadu-Kida has said that with the right policies, local content in Nigeria…

U.S. benchmark oil futures rallied, topping $70 a barrel for the first time in more than a month. News that the U.S.…

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Muhammad Barkindo, has dismissed suggestions that pressure by Mr Donald Trump,…

Nigeria Extractive Industries Transparency Initiative (NEITI) has cried out over to lopped sided sharing arrangement between the NNPC and oil major saying…

Oil price rose sharply after the Organisation of Petroleum Exporting Countries (OPEC) agreed a modest increase in oil production from next July.…

Group Managing Director, Nigerian National Petroleum Corporation (NNPC),  Dr Maikanti Baru, said the corporation had signed over three billion dollars oil and…

Oil prices rose on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity in oil…

Global oil demand is set to stay strong in the second half of 2018, an OPEC technical panel forecast this week, suggesting…

The Transmission Company of Nigeria (TCN) has said that gas supply to generating stations had built up gradually after the Nigeria National…

Transmission Company of Nigeria (TCN) has shut down six thermal power generating stations to enable the Nigeria Gas Company (NGC) pipeline carry…

US President Donald Trump has accused the Organisation of Petroleum Exporting Countries(OPEC) of driving up oil prices, in a fresh swipe at…

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…

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…

A Niger Delta group, under the aegis of Niger Delta Activist Forum, has threatened to shut down the Nigeria Agip Oil Company (NAOC)…

Minister of State for Petroleum Resources Mr. Ibe Kachikwu, has said that more gas resources have been found offshore Lagos. He also…