The uncertainties surrounding access to foreign currency are currently making it difficult for Nigeria to meet cash-call arrears owed to...
Shell subsidiary, SNEPCO, has signed an agreement with the Nigerian National Petroleum Corporation (NNPC) and other partners, which may see...
The harder India, one of Nigeria’s top oil buyers battles with rising COVID-19 infections, the more financial troubles it means...
Although the oil and gas sector is not yet at the heights before the coronavirus pandemic triggered a recession, Nigeria’s...
The Federal Government has said it does not have any plan to increase the pump price of fuel in the...
The plans of Royal Dutch Shell Plc to divest from its oil stakes in the Niger Delta to focus more...
There is evidence that suggests the implementation of full deregulation of the downstream petroleum industry has a win-win potential for...
Four significant things happened two days ago and they are all capable of shaking the very foundations of the Nigerian...
Four significant things happened two days ago and they are all capable of shaking the very foundations of the Nigerian...
Oil major Shell is divesting stakes from its troubled Nigerian onshore operation as part of efforts to douse shareholders’ angst...
Despite a target to increase domestic Liquefied Petroleum Gas (LPG) consumption of five million metric tonnes (MMT) by 2022, Nigeria’s...
The petrochemicals and petroleum refineries sector’s contribution to Nigeria’s value-added tax basket increased by 65 percent in the first quarter...
Oil rose on Tuesday to hit $70 a barrel for the first time since March, as expectations of demand recovery...
Nigeria’s already bad fiscal position is worsening every day on account of the unsustainable petrol subsidy regime which now has...
Due to power outage, the Nigerian National Petroleum Corporation (NNPC) and its other major partners lost one million barrels of...