The pre-bid exercise for the new seven deep offshore open oil blocs will be concluded by April 2023, the Federal Government has said. Investors King reports...
Crude oil prices moderated slightly on Monday as concerns about China’s rising COVID-19 cases weigh on sentiment and clouded prospects for higher demand. Brent crude oil,...
The shortfall in the daily crude oil production allocation by the Organisation of Petroleum Exporting Countries (OPEC) to Nigeria is making the country to lose a...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the lingering fuel scarcity and rise in price may persist till the sixth month based on...
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.