The Nigerian National Petroleum Corporation (NNPC) revenue declined 27.02 percent to N1.08 trillion in the first five months of 2021 compared with N1.48 trillion revenues earned...
Oil prices rose roughly 2% on Thursday on indications that OPEC+ producers could increase output more slowly than expected in coming months, while rising global fuel...
Crude oil prices rose on Thursday as data from the Energy Information Administration (EIA) revealed that U.S crude oil inventories dropped last week for the sixth...
Global oil prices reversed losses to extend bullish run slightly on Tuesday as demand recovery overshadowed the outbreak of highly contagious Delta variant COVID-19. Brent crude...
Alhaji Sanusi Fari, the national president of Independent Petroleum Marketers Association of Nigeria (IPMAN), on Monday has denied rumours of planning to go on strike saying...
Oil prices dipped modestly on Thursday but still held close to their highest in almost three years, supported by drawdowns in U.S. inventories and accelerating German...
South Sudan’s Ministry of Petroleum (MoP) officially launched the country’s first-ever oil and gas licensing round in Juba on Wednesday; Hosted by the MoP and attended...
Crude oil prices sustained bullish runs amid rising demand for global oil and likely delay in Iranian crude supply to global oil market. Brent crude oil,...
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Thursday released its 2019 oil and gas industry audit report, which shows that Nigeria earned N34.22 billion from...
The strong U.S Dollar pressured global crude oil prices on Thursday despite the big drop in U.S crude oil inventories. The Brent crude oil, against which...
