Nigeria’s liquefied natural gas (LNG) export plant at Bonny Island is to sell a cargo loading later this month to...
Nigeria’s state oil company plans to renegotiate its production-sharing agreements with oil majors as Africa’s top crude producer tries to...
Nigeria’s crude oil output increased by about 70,400 barrels per day (bpd) to 1,857,000bpd in August 2015, from its July...
Oil edged further above $46 a barrel earlier in the week, supported by the prospect of lower U.S. inventories and...
Forte Oil has further reaffirmed its commitment to best service delivery by being in the forefront of the new Dual...
As the nation anxiously waits for President Muhammadu Buhari to unfold his ministerial nominee list, oil and gas sector...
Nigeria will ship the most crude in more than three years in October, adding to downward pressure on oil prices...
The oil price recently fell as low as $46 a barrel having hovered around $50-$60 per barrel since the beginning...
As the Brent and WTI crude futures spread narrows, arbitrage opportunities are beginning to open up for Nigerian crude to...
Production of US shale oil will fall sharply next year as a result of the collapse in crude prices, the...
Venezuela’s state-run oil company PDVSA has bought three new cargoes of Angolan and Nigerian crudes for delivery at Bullenbay terminal...
Basil Ogbuanu, national president, Nigerian Association of LPG Marketers, has urged the Federal Government to boost the nation’s oil production...
The Department of Petroleum Resources (DPR) on Monday re-stated that erring petroleum marketers would be heavily sanctioned. The warning came...
Oil markets were fairly stable in early Asian trading on Monday with U.S. crude contracts receiving support from reduced American...
The Nigerian Civil Aviation Authority (NCAA) said on Sunday that it would commence official registration of all aviation fuel marketers...