Lower differentials to dated Brent helped Angola shift more of its October loading cargoes, but roughly a third of the...
OPEC member Venezuela and Russia, the largest oil exporter outside the group, agreed on “initiatives” to bring stability to the market, according...
The management of Ikeja Electric (IE) on Monday urged electricity consumers to embrace a cost effective tariff that would enable...
Nigeria has issued additional import allocations for at least 300,000 tonnes of gasoline for the remainder of the third quarter,...
The Nigerian National Petroleum Cooperation (NNPC) has begun the process of recovering over $7 billion in over-deducted tax benefits from JV Partners...
to start in next 12 months, targets 100,000 jobs...
One of the biggest bears in the oil market has not been swayed by the snap rally that pushed the...
Ibe Kachikwu, group managing director, Nigerian National Petroleum Corporation (NNPC), yesterday, gave a 90-day ultimatum to the management of the...
moves to unbundle PPMC...
U.S. crude rallied for a third consecutive day Monday, posting its best three-day gain in 25 years, but traders may...
West African crude oil exports to Asia are set to fall to 1.68 million barrels per day (bpd) in September, their...
to deploy drones to monitor movement of oil bearing vessels...
Following the slide in oil prices, the question of marginal fields and how to develop them has become an issue...
Appointed only last month, Ibe Kachikwu has made dramatic changes at the state oil company. The NNPC GMD said that...
Oil fell below $49 a barrel on Monday after its biggest two-day rally in six years last week, pressured by...