The Nigerian National Petroleum Corporation (NNPC) said the nation begged global crude oil buyers to purchase Nigerian crude oil at $9 per barrel in April when...
Series of positive COVID-19 vaccine news bolstered oil prices in the early hours of Tuesday, while expectations that OPEC and allies are likely to extend production...
Transnational Corporation of Nigeria Plc and Efora Energy Limited has reached an agreement to settle all legal disputes on Oil Prospecting Licence 281 (“OPL 281”). In...
The OML30 operated by Heritage Energy Operational Services Limited in Delta State has been shut down by the host communities for failing to meet its obligations...
Lekoil, an indigenous oil and gas exploration company, announced a net loss of $7.9 million for the six months ended June 30, 2020. In its unaudited...
FG Generated $3.71 Billion from Crude Oil and Gas Exports between August 2019 and August 2020 The Federal Government realised $3.71 billion from crude oil and...
Oil Prices Recover from 4 Percent Decline as Joe Biden Wins Crude oil prices rose with other financial markets on Monday following a 4 percent decline...
Revenue of OPEC Members to Drop to 18 Year Low in 2020 The United States Energy Information Administration (EIA) has predicted that the oil revenue of...
Oil prices eked out small gains on Tuesday after sharp losses, but sentiment remained subdued as a surge in global coronavirus cases hit prospects for crude...
Oil Tankers Burnt by Hoodlums as Marketers Lose Millions to Protest Oil marketers lost millions of Naira to repeated attacks by hoodlums exploiting the #EndSARS protest....