Brent oil prices hit $71 per barrel on Thursday, January 25, for the first time since 2014 as the dollar continued to weaken and crude inventories...
The House of Representatives on Thursday passed the Petroleum Industry Governance bill through its third and final reading. The final report of the bill with the...
The Vice-Chairman, South-West, Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Mr Rotimi Benjamin has urged the Department of Petroleum Resources (DPR) to stop sealing...
The renewed drive to raise the productivity of all four national refineries is getting the best attention. This is coming from the latest hint dropped by...
Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth as well as from supply restrictions led by a group of producers around the...
Considering what can best be described as observed cold feet of supposed investors in the development of several key infrastructure projects across the country including the...
Crude futures edged higher on Monday, January 22, buoyed by comments from Saudi Arabia that cooperation between oil producers who have cut production to boost prices...
OPEC have said that after long years of embarrassing low oil prices, the global oil market is moving closer to reaching a healthy balance between supply...
The Petroleum Products Marketing Company (PPMC) has faulted the calls by federal legislators for PPMC to appear before the legislators to explain why the company paid...
Since the commencement of direct sales of Premium Motor Spirit, popularly known as petrol, to independent oil marketers by the Nigerian National Petroleum Corporation (NNPC), checks...