It's been a fantastic 10 days for gold, with the yellow metal going from at risk of breaking below $1,620 support to rallying almost 10% to...
Ogun state will soon get an oil refinery of 100,00 barrels capacity per day
Oil gained 3% on Friday following reports that China, the world's largest importer of the commodity, is cutting down on its COVID-19 measures.
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...
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...
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...