NPDC Seeks N967bn to Develop 416 Million Barrels of Oil The flagship subsidiary of the Nigerian National Petroleum Corporation, the Nigerian Petroleum Development Company, is interfacing...
Refining, Regulatory Challenges Worry Oil Industry Stakeholders After over 60 years of commercial production of crude oil and gas, the country is still grappling with low...
Nigeria Lost $2.8bn to Piracy, Others in 2018–UN Report A report released by the United Nations Secretary-General’s office in New York has shown that Nigeria lost...
Fixing Nigeria’s Dilapidated Oil Pipelines The outcome of a study commissioned by the Nigerian National Petroleum Corporation (NNPC) to determine the operational status of the country’s...
Oil Prices Rise on Better than Expected Data Oil prices rose on Monday to record the longest daily gains in more than 17 months following a...
Moody’s: Oil Supply Faces Oversupply Risk Oil and natural gas prices will be volatile in 2019, Moody’s Investors Service predicted in its annual report outlining key...
Crude oil cargoes leaving for the United States from Nigeria and other members of the Organisation of Petroleum Exporting Countries dropped in December to the lowest...
Oil Prices Gain on Production Cuts Oil prices closed higher on Wednesday following a report that oil production from the Organization of Petroleum Exporting Countries dropped...
Iran Sanctions: U.S Expects to Extend Waiver, Says Turkish Minister Turkish Trade Minister Ruhsar Pekcan expects the U.S. to extend sanctions waiver on Iranian oil import....
Crude Oil Rallies On Trade Talks Global crude oil rebounded from an almost two-year low on Wednesday following a report that U.S delegates will be meeting with...