Oilfield Bid Round: FG May Generate N3.17bn From Fees The Federal Government may generate at least N3.17bn from the payment of fees for the marginal fields...
Oil Drops on U.S. Inventories and Doubts Over Output Cuts Oil prices dropped on Thursday on doubts over the ability of crude producers to agree to...
Crude Oil Pullback Amid Rising Doubt Over OPEC+ Meeting Crude oil pulled back on Wednesday during the Asian trading session following a report published by Bloomberg...
FG Offers 57 Marginal Oil Fields for Grab To further enhance Nigeria’s oil and gas sector, the Federal Government through the Department of Petroleum Resources (DPR)...
Crude Oil Rises to Three Months High Ahead of Cuts Extension Oil prices hit a three month high on Tuesday during the Asian trading session as...
Nigeria Struggling to Comply With OPEC Quota, Scores 19% Compliance Level Nigeria, Africa’s largest oil producer, continues to struggle with production cut in May, according to...
Brent Crude Rises To $37 a Barrel Ahead of OPEC Meeting The Brent Crude oil rose from $33.59 per barrel it traded on Wednesday to $37.84...
NNPC to Reduce Production Cost of Crude oil to $10 Per Barrel The Nigerian National Petroleum Corporation (NNPC) has said it is working on reducing the...
Oil Prices Shed 4% Amid Rising US-China-Hong Kong Tension Oil prices dipped on Wednesday as tension brew between the two world’s largest economies over Hong Kong....
Crude Oil Pulled Back to $34 Per Barrel Amid Growing Uncertainties Brent crude oil pulled back from $36.94 per barrel it traded on Thursday as market...