Oil prices jumped on Tuesday, June 26, driven by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and...
By the year 2019, Nigeria is not only aiming to end fuel importation but to becoming a net exporter of the product, the Group Managing Director...
US Crude imports from Nigeria drops By 62% Oil prices grew more than 1 percent at the weekend as the Organization of Petroleum Exporting Countries, OPEC,...
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...