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...
The Nigerian National Petroleum Corporation, NNPC, says it has directed its downstream subsidiary, NNPC Retail Limited, to ensure growth in its market share of petroleum...
The average price paid by consumers for Premium Motor Spirit popularly known as petrol decreased by 1.0% year-on-year and -7.3% month-on-month to N151.4 in April 2018...
The sustained deficit financial results so far recorded by the Nigerian National Petroleum Corporation (NNPC) in the last three year may continue unabated if strategic reforms...