The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to complete the ongoing Escravos to Lagos Pipeline System 2...
Russia is sticking with an assumption that oil will average $40 a barrel in the next three years and won’t take...
As part of concerted efforts to maintain seamless supply and distribution of petroleum products, the Nigerian National Petroleum Corporation (NNPC)...
Oil prices pared gains after rising more than 2 percent on Thursday as optimism over an OPEC plan to limit...
Oil prices traded roughly flat on Thursday as investors questioned whether an OPEC agreement to curb oil production — the...
After about forty eight (48) hours of a grueling meeting of the Organization of Petroleum Exporting Countries held in Algeria,...
The Major Oil Marketers Association of Nigeria (MOMAN) on Tuesday said that the downstream sector of the oil and gas...
The Nigerian National Petroleum Corporation (NNPC) has said it has recommissioned four petroleum products tanks with 87.70 million litres capacity...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged President Muhammadu Buhari to take the lead and infuse urgency into...
Brent oil price is steady at $46.03, bbl on Wednesday morning halting losses after Saudi Arabia signalled it may compromise...
Canada has authorised the construction of an energy project that would see its liquefied natural gas (LNG) exported to emerging...
Oil prices rose in mixed trading on Wednesday, after sharp losses in the previous session, as industry data showed a...
Longstanding tensions between Middle Eastern rivals Saudi Arabia andIran will hold OPEC back from an oil production freeze as the...
China’s stock of oil reserves could prove to be the “wild card” for global oil prices and market dynamics, according...
A freeze in production by OPEC members would not include Nigeria, according to the country’s oil minister, who said the...