Oil prices remained steady after falling 2 percent in the previous session, but remained under pressure amid weaker growth in major economies and concerns about oversupply....
The government of Nigeria is suing Royal Dutch Shell Plc, Eni SpA and other companies for more than $1 billion over a 2011 oil deal it says...
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), says it has suspended its earlier directive to commence shutdown of depots across the country from...
Less than 24 hours after the Federal Government announced that it would pay N236bn to oil marketers this Friday as the first tranche of the outstanding...
Following widespread backlash over the award of oil infrastructure surveillance contract to an indigenous firm, Ocean Marine Solutions for the protection of the strategic 87-kilometre Trans...
Shell Petroleum Development Company of Nigeria (SPDC) has signed an agreement with Geometric Power Aba Limited (GP) and Gas Aggregation Company of Nigeria (GACN). The...
Oil marketers have given the federal government a seven-day ultimatum to settle outstanding debts totalling N800 billion, failing which depots would cease operation across the country....
Nigeria mini-grids collapse under mega greed as the Rural Electrification Agency and its contractors screw up project at Onidundu By Elijah Olusegun At Onidundu, two things...
Minister of State for Petroleum Resources, Dr Ibe Kachukwu has revealed that the emerging 650,000bpd oil refinery in Lagos, is not coming to sell Premium Motor...
Nigeria spent over N900 billion on the importation of 4.73 billion litres of petrol in the third quarter of 2018. Data sourced from the National Bureau...