Oil prices plunged by more than 1 percent on Tuesday, February 6, extending falls from the previous session as global financial markets tumbled lower in...
Indigenization of the workforce of the Dangote Refineries seem to pre-occupy the management of the company. Apparently, the Management of Dangote Oil Refinery Company (DORC), is...
Governor Ifeanyi Okowa of Delta State has called for speedy take off of the Ogidigbi Industrial Gas Park, stating that the gas sector holds a lot...
By Richards Adeniyi In the unlikely event of Nigeria’s refining output rising significantly or the price of crude oil in the international market dropping to an...
Investigation by National Daily have revealed the low capacity productivity of all four national refineries which was against his 2015 electoral promises, indications have emerged that one of...
Nigerian Senate has expressed displeasure over the disappearance of top government officials at the public hearing on the investigation of over N5 trillion subsidy payments to...
By Odunewu Segun The Nigerian National Petroleum Corporation has called on the Senate Downstream Committee to assist in ensuring that the outstanding debt of N170.6bn owed...
President Muhammadu Buhari says his administration will ensure that proceeds from rising oil prices will be put to good use. Brent crude futures, the international benchmark...
Just as the rising oil price is moving close to $80 on US crude inventory drop, Nigerian petroleum industry observers have predicted that sooner than later,...
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...