OPEC oil output dropped lower in July, as renewed unrest cut supplies in Libya and other members stepped up compliance with a…
Oil and Gas
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The Federal Government is said to be owing the Niger Delta Development Commission (NDDC) the sum of N1.8 trillion since its inception…
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The Federal Government said it has signed agreement with Greenville Energy and the Nigerian National Petroleum Corporation/Total Exploration and Production Nigeria, TEPNG, Joint…
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The Nigerian National Petroleum Corporation, NNPC has announced major restructuring in its operations with the appointment and redeployment of 55 key executives…
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Petrol futures soared Monday as Tropical Storm Harvey continued to wreak havoc on Texas, knocking major Gulf Coast refineries out of action.…
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The Nigerian National Petroleum Corporation, NNPC said it has set a 10-year timeframe for indigenous oil and gas companies operating in the…
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A Federal High Court sitting in Port Harcourt, Rivers State has ordered the arrest and detention of three crude oil drilling rigs,…
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Minister of Petroleum Resources Emmanuel Ibe Kachikwu said that the federal government has initiated plans to achieve 100 per cent local fabrication…
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Shell says it has started gas production at expanded Nigeria project. Anglo-Dutch oil major Royal Dutch Shell has said that gas production…
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The Department of Petroleum Resources (DPR) has indicated its willingness to collaborate with the Lagos State Government in its quest to develop…
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Crude oil prices rose to $52, lifted by indications that supply is gradually tightening, especially in the United States. Brent crude oil…
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Group Managing Director of the Nigerian National Petroleum Corporation,(NNPC) Dr. Maikanti Baru has begged oil pipeline hackers to stop such nefarious act…
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The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has saved the country over $3 billion annually, since August 2015 and had…
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FinanceNewsOil and Gas
NEITI indicts BPE, Aiteo, NNPC, Total , 10 others oil companies for audit non-compliance
Nigeria Extractive Industries Transparency Initiative, NEITI, has indicted Total, NNPC, Seplat Atlas Summit oil for failing to comply with its on-going independent…
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Shell Development company has asked youths in Niger Delta to ask their community leaders and government for development money the company has…