Minister of state for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, said Nigeria would advise against additional oil supply to the global market by OPEC and non-OPEC members....
By Odunewu Segun Some major Nigerian oil companies, including Oando and AA Rano have secured oil swap contracts with the Nigerian National Petroleum Corporation (NNPC) put...
By Odunewu Segun The oil markets were pushed lower by an escalating trade disputes between the United States and other major economies, including China, the...
Some experts in the oil and gas industry said there was no cause for alarm over the increase in the crude oil benchmark from 45 dollars...
By Ifeanyi Izeze To say that the Brass Liquefied Natural Gas (LNG) Project has been streamed with too many tentativeness is an understatement. Tailing the politics...
The Federal Government’s subsidy on fuel has risen to N2.4 billion daily in May, from N774 million in March 2018. This rise in subsidy payment is...
The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) have been directed to commence the tendering process for the execution of...
Socio-Economic Rights and Accountability Project (SERAP) has sued the Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, over “failure to account for the spending on the privatisation...
Oil prices on Monday extended falls from late last week after China threatened duties on American crude imports in an escalating trade dispute with Washington, while supply from...
The Transmission Company of Nigeria (TCN) says the epileptic power supply which started over 24 hours ago in parts of the country is due to a...