Brent crude oil, against which Nigerian oil is priced, appreciated by 0.9% to $123.21 per barrel at 12:00 pm Nigerian time amid concerns over tight global...
Shell Plc is expected to finalize offers from Heirs Oil and Gas Ltd and ND Western Ltd today for its onshore oil and gas projects in...
Global crude oil prices appeared stable on Tuesday morning as the market balanced risk sentiment with supply concerns and the prospect of higher demand as China relaxes...
The GMD, Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari has said President Muhammadu Buhari will unveil a commercial National Oil Company. He stated this on...
The CEO/GMD, Nigerian National Petroleum Corporation (NNPC) Ltd Mele Kyari, has stated that Spain receives 14 percent of all crude oil produced in Nigeria. He stated...
The Organisation of Petroleum Exporting Countries (OPEC) has increased the oil supply by petroleum exporting countries by 0.648 million per day in July, owing to the...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Oil markets are on the move this morning, with oil prices dipping by 2.0% in early trading...
Crude oil prices rose above $120 a barrel on Monday as traders await the decision of the European Union (EU) concerning Russian crude oil sanctions. The...
The Nigerian National Petroleum Company Limited (NNPC) and leading energy conglomerate, Sahara Group have taken delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels at...
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMPRA) has issued six regulations to govern its Midstream and Downstream operations. This comes on the heels of...
