Crude oil prices inched higher on Monday after shedding 8% last week amid rising recession concerns. On Monday, oil appreciated slightly on Fatih Biro, the International...
A $740.67m contract deal was, on Thursday signed by the Nigerian National Petroleum Company Limited and Daewoo Engineering and Construction Nigeria Limited for the revamping of...
With the recent hike in the prices of oil at the international markets, the delegates of the Organisation of Petroleum Exporting Countries (OPEC) have canvassed for...
Oil prices inched slightly higher on Wednesday as optimism for a demand recovery in China and expectations that major producers will maintain current output policy offset...
The Independent Petroleum Marketers Association of Nigeria, IPMAN has faulted the oil sector’s incapability to cater for the full fuel supply order of oil marketers nationwide....
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...