Peter Obi, presidential candidate of the Labour Party in the 2023 elections, has raised questions over what he described as...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the National National Petroleum Company (NNPC) Limited buys petrol...
The federal government has set a target to increase oil production per day to 2.3 million per day by mid-2025....
After 64 years of independence and over six decades of oil exploration, crude oil accounts for less than 10 percent...
Oil prices edged lower in early Asian trading on Tuesday as traders took profits following Monday’s surge to a one-month...
The Federal government says it started sales of crude oil in naira on October 1. Wale Edun, minister of finance...
…to boost CNG projects across Nigeria The federal government through the Ministry of Petroleum (gas) on Monday disbursed a total...
The Nigerian government has announced a series of tax incentives for deep offshore projects, in a bid to attract foreign...
The federal government, through the Nigerian National Petroleum Company Limited (NNPC), has paid $2.44bn cash call obligations to multinational oil...
President Bola Tinubu says the ExxonMobil-Seplat divestment will receive ministerial approval in a matter of days, having been concluded by...
The Federal Government’s latest decision to introduce naira-denominated crude oil sales to Dangote and other local refineries starting on October...
Crude prices are seeing a sharp rise today, with WTI trading at $68.52 per barrel, up 1.26 percent, and Brent...
The Presidential Compressed Natural Gas Initiative (PCNGI) has announced a series of events and activities planned for Nigeria’s Independence Week...
Maire Tecnimont SpA, the contractor overseeing the rehabilitation of the Port Harcourt refinery, has announced that it will provide details...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that as of June 2024, the federal government was owed $6.071...