West Africa in particular and Africa in general according to a report from Ernst & Young has suffered more from...
The recent destruction of 13 illegal refineries by Nigeria’s military in the restive Niger Delta oil hub, in an operation...
Senate has commended the Nigerian National Petroleum Corporation (NNPC) for responding to the motion moved during a plenary session by...
Many OPEC member countries have expressed support at extending the current production cuts, which will expire in June. Kuwait, Iraq,...
Nigeria will revive oil production this summer as it completes maintenance and repairs, and expects fellow OPEC members to continue...
Italian oil and gas group Eni reiterated on Thursday it had not paid any intermediary or any bribes to acquire...
The global oil market is close to balance, after nearly three years of excess supply, as production cuts by top...
Nigeria’s minister of state for Petroleum Resources, Ibe Kachikwu recently unveiled an ambitious 20-point agenda to tackle militancy in the...
Recently, Lekoil, announced commencement of continuous production from the Otakikpo Marginal Field (“Otakikpo”) in OML 11. This came at a...
Nigeria and Angola are poised to send crude oil to China at the rate of 1.48 MMbpd in April, the...
When the Federal government through the ministry of petroleum resources says it plans to enhance gas development and other derivatives,...
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) Simbi Wabote along with his senior management team...
OPEC states cut oil output in March by more than they pledged under supply curbs, according to figures the exporter...
Royal Dutch Shell has said it knew that some of the payments it made to Nigeria for the rights to...
…As NNPC Cuts Losses by 16.19% The combined installed capacity utilization of the Nigerian National Petroleum Corporation’s refineries located in...