The Federal Government of Nigeria has revealed that investors have been shunning investment in the nation’s downstream oil sector because the cost of petroleum products were...
The reconstruction of Port Harcourt refinery has been completed and ready for operations by the first quarter of 2023, the Federal Government has disclosed. Investors King...
The fight against destruction of oil pipelines and stealing of oil by the Federal Government of Nigeria appeared to have been yielding positive results as the...
Global oil prices declined on Thursday as cases of Covid-10 grew in China, the world’s largest importer of the commodity. Brent crude oil, against which Nigerian...
To address the lingering fuel scarcity across the country, the Nigerian National Petroleum Company (NNPC) has reached an agreement with no less than 30,000 independent petroleum...
The transition from fossil fuels to cleaner energy and the volatility of oil prices will be two significant determinants when it comes to oil revenue.
Brent crude oil rose 8 cents, or 0.1%, to $80.07 per barrel, while U.S. West Texas Intermediate (WTI) crude oil fell 1 cent to $76.22 a...
Brent crude oil, against which Nigerian oil is priced, gained 74 cents, or 0.9%, to $79.78 a barrel in the early house of Monday while U.S....
Importation of petroleum products into Nigeria will reduce significantly by 2023 with the commencement of operations of the Dangote Refinery
A major pipeline supplying crude oil to the United States remained shut
