The Centre for Anti-Corruption and Open leadership (CACOL), has called for a comprehensive audit into the monies previously remitted by the Nigerian National Petroleum Corporation...
Trading sources have revealed that just a handful of cargoes of June Nigerian cargoes were still up for sale, but the July programme was proving slow...
Nigeria lost about N29.46bn in January to gas flaring as over 31.68 billion standard cubic feet (SCF) of gas was flared by oil and gas companies...
Oil prices steadied on Monday as U.S. production hit a record-high and OPEC members considered boosting supply to balance rising global demand. Benchmark Brent crude oil was unchanged...
By Richards Adeniyi Nigeria’s state oil firm, NNPC, recently gave reasons why some of its mega filling stations in Abuja and environs have been out of...
A group which goes by the name of Bille Youth Vanguard in Rivers state has accused the Nigerian Army of being involved in oil theft instead...
Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no signs of slowing. Brent crude...
Oil prices fell more than $2 per barrel on Friday as Saudi Arabia and Russia discussed easing production cuts that have helped push crude prices to their highest...
Oil prices fell about 1 percent on Thursday, with expectations building that OPEC could wind down the output deal in place since the start of 2017,...
There are indications that the Organization of Oil Exporting Countries (OPEC) may decide to raise oil output as soon as June due to worries over...