Lower U.S. oil inventories recorded last week bolstered global oil prices
Nigeria's oil production increased to 1.02 million barrels per day in October 2022.
Ogun state will soon get an oil refinery of 100,00 barrels capacity per day
Oil gained 3% on Friday following reports that China, the world's largest importer of the commodity, is cutting down on its COVID-19 measures.
NNPC managing director Mele Kyari said oil thieves are after his life after a series of illegal pipelines were uncovered.
Brent crude dipped $1.68, or 1.7%, to $93.68 a barrel by 5:00 pm Nigerian time while U.S. West Texas Intermediate (WTI) crude had fallen $1.64, or...
Chinese officials reiterated their commitment to strict COVID-19 policy after reports pointed to rising COVID-19 cases.
The Federal Government plans to launch bidding rounds for seven deep offshore oil and gas licenses for the first time in fifteen years.
Barely a week after Nigeria's crude oil production was reported to have increased by 400,000 barrels per day (bpd) following the completion of Shell's Forcados Oil...
Oilserv Limited, an oil and gas firm has advised the Federal Government to fight the issues of oil theft directly from its source as it is...
