OPEC will soon make efforts to convene before the next scheduled meeting in June, as the slump in oil prices...
Usually, when geopolitical tension erupts amongst the oil producing countries, the oil price surges as investors worry. At almost any...
Oil prices fell for a sixth session to trade at almost 12-year lows on Monday as concerns about China’s economic...
Following growing concerns about petrol stations selling products above government set prices and worsening a prolonged situation of fuel scarcity...
Epic Refinery Group, a private Nigerian-owned refinery to be located in Okporoma, Southern Ijaw Local Government of Bayelsa State, has...
Oil fell for a fifth straight day on Friday, losing 10 percent on the week, and Goldman Sachs said more...
In its resolve to enforce the Federal Government’s new petrol pump price of N86.50 per litre, the Abia State Task...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has heaped the blame on private depot owners for members’ inability to...
In the bid to bring Nigeria’s economy back to the path of robust growth in its 2016-2020 Successor Strategic Plan,...
Brent oil may decline to near $30 a barrel before a reduction in US output helps rebalance global markets in...
Nigerian National Petroleum Corporation (NNPC) has announced that the nation’s three refineries in Kaduna, Port Harcourt and Warri have attained...
President Muhammadu Buhari Tuesday said his administration would soon establish an inter-ministerial committee to speed up the reorganisation and reformation...
NNPC secures $1.2 billion drilling financing package Nigeria’s state oil company has secured a $1.2 billion multi-year drilling financing package...
MRS Oil has announced the appointment of Andrew Gbodume as its new Managing Director effective 1 January, 2016 The appointment follows...
Sustained pressure on oil prices set a fractious tone to trade yesterday, hitting energy stocks, which were among the main...