Nigeria as a country well endowed with gas has been struggling to turn its gas to wealth. This is ...
In a move that may see the benchmark of Nigeria’s crude oil Brent prices remaining high, Saudi Arabia on Wednesday...
AJoint Investigation Visit (JIV) comprising security and regulatory agencies, community representatives and Aiteo personnel will be constituted and deployed to...
The Nigerian National Petroleum Corporation (NNPC) has said it is impressed by the capacity and progress made by the contractor ...
Against conventional knowledge and expectation of investors’ response to companies’ fundamentals, Japaul Oil and Maritime Service recorded heavy trade on...
Relevant government agencies have been called upon to urgently intervene in stemming the sale of obsolete performance engine oils that...
As a proactive step to avert socio-economic hazard of a possible shutdown of over 90,000 barrel per day oil production...
A new report by the Natural Resource Governance Institute (NRGI) has noted that the weakest link in the nation’s oil and...
When people think of Houston’s energy sector, its oil and gas almost automatically come to mind, given that about one-third...
Recent mega merger and acquisition deals in the Permian Basin, West of Texas is pitting oil majors one against the...
Africa’s biggest oil producer racks in a total of N4.3 trillion from Petroleum Profit Tax (PPT) and Royalties in Nigeria...
Emmanuel Ibeh Kachikwu,Nigeria’s deputy Minister of Petroleum resources has confirmed that Nigeria’s petroleum downstream sub-sector, especially refineries, pipelines and others...
The Managing Director, International Monetary Fund (IMF), Christine Lagarde, recently advised the Nigerian government to discard spending on fuel subsidy...
Nigeria lost a total of $295 million in December 2018 due to shut-in of production from leaking pipelines carrying crude...
In its latest client note, global investment banking giant Goldman Sachs believes United States’ decision to end exemptions from sanctions...