Oil rises to $53 pb on 8th weekly U.S. crude stock draw-down
Oil prices rose on Wednesday after U.S. crude inventories declined for the eighth straight week…
Oil prices rise ,heading to $53 on signs of tightening market
Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening,…
Oil to lose relevance in coming years — Gen. Borroh
Brig.-Gen. Paul Boroh, Special Adviser to the President on Niger Delta, has…
Total invests $10bn in Nigeria’s oil sector in 5 years
Mr Nicolas Terraz, the Managing Director and Chief Executive, Total Upstream Companies…
Kachikwu decries high cost of oil production at $32 per barrel
The Minister of Petroleum Resources, Dr Ibe Kachikwu, has decried the high…
Iraq oil city governor quits, travels to Iran after corruption investigation
The governor of the oil city of Basra has stepped down and…
EFCC Recovers N328.9billion From Forte Oil, Oando, Others
The nation's anti-graft agency, the Economic and Financial Crimes Commission, EFCC, has…
Crude oil production stands at 2.35m barrels per day – NNPC
The Nigerian National Petroleum Corporation (NNPC) said on Monday the nation’s current…
We need meters to account for daily oil production – Senator
A lawmaker, Sen. Stella Oduah, has urged Nigeria National Petroleum Corporation (NNPC)…
Photos: Billionaire Daughter, DJ Cuppy shows off her father’s Mansion In ikoyi
Ifeoluwa Otedola, popularly known as DJ Cuppy who is based in London,…
Oil producing communities want passage of PIB bill on 10% equity
Oil and Gas Producing host communities in Nigeria (HOSTCOM) has urged the…
Oil rises as tighter US market outweighs OPEC supply
Oil prices rose on Thursday lifted by signs of a tightening US…
Total to boost Nigeria’s oil output by 200,000 barrels daily in 2018
Mr Nicolas Terraz, Managing Director/Chief Executive Officer Total upstream companies in Nigeria,…
BP sees oil prices below $55 a barrel in 2018
BP expects global oil prices to hold within a range of $45-$55…
Over $300bn losses in oil investments in 3 yrs, says Kachikwu
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday…
Oil hits $53 approximately on tighter U.S market
Oil prices hit a two-month high on Monday lifted by a tightening…
4.8 % growth target in ERGP is achievable in 2018 – minister
The Minister of Budget and National Planning, Sen. Udoma Udo Udoma says…
PENGASSAN gives oil and gas companies 21-day ultimatum to resolve industrial issues
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has…
Army recovers 21 bodies in oil exploration workers rescue operation
The Nigeria Army on said it has recovered 21 additional bodies in…
NSE market indices nosedive by 1.02% following profit booking
The market indices of the Nigerian Stock Exchange (NSE) on Friday dropped…
Oil extends gains, on track for biggest weekly rise this year
Oil prices rose higher on Friday reaching new two-month highs and on…
MOMAN calls for accounts reconciliation on alleged N40bn debt to FG
The Major Oil Marketers Association of Nigeria (MOMAN) has denied owing the…
NUPENG threatens strike in FCT over dispute with AMCON
The National Union of Petroleum and Natural Gas Workers (NUPENG) has threatened…
Kachikwu says crude oil exploration in Chad Basin continues with adequate security
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says resumption…
Oil prices rise above $50 as falling US inventories stoke rebalancing hopes
Oil prices rose to near eight-week highs on Wednesday as a fall…
Recession: Economic expert wants Nigerians to stop blaming Buhari
Prof. Michael Kwanashie, Vice-Chancellor, Veritas University, Abuja on Tuesday urged Nigerians to…
EU official urges FG to sustain efforts on export of non-oil products
Mr Filippo Amato, Counsellor, Head of Trade and Economics Section, has advised…
Osinbajo tasks African petroleum-producing countries on enduring reforms to improve energy access
The Acting President, Prof Yemi Osinbajo, has advised Ministers of African Petroleum…
Russia urges OPEC to limit oil output rises from Libya, Nigeria in near future
Russia called on OPEC to limit oil output rises from its members…