Federal has assured it’s continuous support and collaboration with other OPEC+ nations in the historic efforts to adjust crude oil...
The new board of the Nigerian National Petroleum Corporation (NNPC) is a combination of technocrats and politician that have exhibited...
The Federal Government has been urged to set up independent gas flares reporting and auditing protocols to determine the exact volume...
Oil producers under the OPEC+ deal have agreed to extend by one month output cuts to shore up oil prices...
The Nigerian National Petroleum Corporation (NNPC) has raised an alarm over low-grade and contaminated AGO, otherwise called diesel offered at...
The Organisation of Petroleum Exporting Countries (OPEC) and its allies members led by Russia has agreed on a one-month extension...
The National Assembly (NASS) is said to expect the new Petroleum Industry Bill (PIB) ‘soon’, so that deliberations and debate...
The decision by Petroleum Products Pricing Regulatory Agency (PPPRA) to remove the price cap on petrol and allow oil marketers...
Oil prices moved higher Friday morning as traders await cues from a meeting that could take place as soon as...
The Nigerian government said on Thursday that it has officially deregulated the petrol price and removed the cap on the...
The Federal government has restated its commitment to the April 2020 Oil Production cut agreement by OPEC+ Members. Timipre Sylva,the...
Brent crude is trading above $41 per barrel on Friday with hopes that OPEC would extend its oil production curb...
Within the last ten years, the demand for Liquefied Petroleum Gas (LPG) in Nigeria has surged over 850,000 Metric Tonnes...
Deregulation of the downstream sector of the petroleum industry remains an enabler for a private sector investment. But this cannot...
The rebound in oil prices has given Nigeria’s naira a reprieve, easing investors’ concern that a steep devaluation may be...