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...
Shell Petroleum Development Company has announced that it will resume oil exploration on the closed Forcardos terminal by the end of October
Nigeria’s decline in crude production has resulted in delayed payments to some local gasoline suppliers by the Nigerian National Petroleum Corporation (NNPC).
Nigeria is expected to add 500,000 barrels per day to its crude oil output once Shell Plc-operated Forcados oil terminal and the Trans Niger Pipeline resume...
Crude oil prices dipped by 2% on Monday following five sessions of consecutive gains as energy investors were concerned that the economic recession could erode demand...
The Nigerian Senate had said Nigeria was losing an average of 1 million barrels of crude oil per day