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...
Investors are more focused on the inflation data on Thursday and whether that will pave the way for a slower pace of tightening in December and...
It's been a rough couple of days for bitcoin which finds itself back below $20,000 and down more than 4% on the day
Chinese officials reiterated their commitment to strict COVID-19 policy after reports pointed to rising COVID-19 cases.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed that Nigeria owns Africa's largest proven gas reserves of over 208 trillion cubic feet, with most of it...
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...
The federal government has revealed that the newly constructed $1.2 billion Zungeru Hydro Electric Power project located in Niger state will become operational in the first...
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...
