FUEL scarcity earlier seen to be easing across the country may have returned soon as money deposit banks have been selling foreign exchange above the official...
A meeting of oil-rich countries in Qatar that had been expected to boost crude prices by freezing production fell apart Sunday as Iran stayed home and...
By ODIMMEGWA JOHNPETER/Abuja THE Nigerian National Petroleum Corporation (NNPC) has implored consumers of petrol not to engage in panic buyin, assuring the Corporation had enough supply to...
…PIB gets first reading at Senate The Port Harcourt refinery with production capacity of 210,000 barrels per day has resumed operation after it stopped operation several...
The steady increase the prices of crude oil globally suffers a minor setback on Wednesday following a comment by the Russian Energy Minister, Alexander Novak casting...
BANKERS Committee has said that the challenge of sourcing for fuel importation by oil marketers is beyond banks. This was part of the resolution reached at...
The Environmental Rights Action/Friends of Earth Nigeria (ERA/FoEN), has called for a comprehensive audit of safety procedures at Agip oilfields in Bayelsa following frequent fatal explosions....
By DICKSON OMONODE There are emerging indications that certain political leaders and chieftains of the ruling All Progressives Congress (APC), particularly from the South-west, wants Dr....
By RICHARDS ADENIYI THE Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture is producing more gas from Agbada field in the Eastern Niger Delta...
THE Nigeria National Petroleum Corporation, NNPC, has said it is expecting over 650,000 barrels per day of crude to be refined locally after nine companies submitted...