The Department of Petroleum Resources and the Ministry of Petroleum Resources have denied allegations that there are irregularities in its renewal of oil and gas licenses....
OPEC and its allies do not rule out taking further action at their next meeting in April should oil inventories build up in the first...
The House of Representatives on Thursday said it would investigate the Minister of State for Petroleum Resource Ibe Kachikwu over alleged irregularities in the ongoing oil...
The Lagos state government has approved the implementation of a reviewed guidelines detailing the requirements to be met by operators seeking planning permits for Petrol Station...
Nigerian billionaire Aliko Dangote, says he’s on schedule to finish his $15 billion oil refinery, which will be one of the world’s biggest, by next year....
Oil prices steadied on Monday following report from the Organization of the Petroleum Exporting Countries, which revealed that the group‘s output fell by 751,000 barrels to...
The Organization of Petroleum Exporting Countries (OPEC) said Thursday it has already slashed its crude oil output by some 750,000 barrels per day month on month...
Some Civil Society Organisations under the umbrella of Transparency Advocacy for Development Initiative (TADI), has threatened to institute legal actions against the governor of Edo state,...
Presidential candidate of the People’s Democratic Party (PDP) Atiku Abubakar, has reaffirmed its commitment towards ensuring that the Nigerian National Petroleum Corporation (NNPC), is privatized for...
The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of October,...