Crude oil prices declined in the early hours of Wednesday after data showed U.S. crude oil inventories rose more than expected.
Nigeria's persistent flood across key economic states has disrupted the supply chain of fuel supply in Africa's largest economy as long queues are now visible in...
Shell has confirmed that oil export has resumed at the Forcados Terminal. This is coming ahead of the end-of-October schedule
The Shell Petroleum Development Company (SPDC) has announced the resumption of crude oil exports at the 400,000 BPD Forcados Oil Terminal.
The Nigerian National Petroleum Corporation (NNPC) Limited has stated that Nigeria needs an estimated N6 trillion for fuel subsidies yearly.
Kogi State receives its first 13 percent derivation fund as the state becomes the first Northern State to join the oil-producing states.
Crude oil prices extended gains on Thursday following the report that China, the world's largest importer of crude oil is considering a cut in its quarantine...
The Federal Government has yet again discovered another illegal oil pipeline in Delta State.
The Federal Government has partnered with the Petroleum Training Institute (PTI) to install anti-theft monitoring systems on oil pipelines to curb oil theft.
Nigeria, the giant of Africa is no longer giant, as crude oil production drops below Angola, Libya and Algeria in the month of September 2022, according...