Oil price jumps to $68 after days of losses
The international oil benchmark, Brent crude, jumped on Monday, snapping a seven-day losing streak that…
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Fuel price remains until FG, labour end negotiations – PPPRA
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled…
Oil block row: NNPC warns Shell against another lawsuit
The Nigerian National Petroleum Corporation, on Friday, cautioned against any further legal challenge by Shell…
Oil price tumbles to $65, lowest in three months
The international oil benchmark, Brent crude, sank on Thursday to its lowest level since May…
NNPC: Oil, Gas Exports Hit $1.6bn in One Year, April Sales Fall by 60%
The Nigerian National Petroleum Corporation (NNPC) exported oil and gas worth $1.61 billion between April…
Federal Government’s Funding for Priority Projects in Oil Industry Hits $1.54trn Deficit in June
The federal government through the Nigerian National Petroleum Corporation (NNPC) may have been unable to…
OPEC Leaves Oil Demand Unchanged, Raises Supply Forecast
The Organisation of Petroleum Exporting Countries (OPEC) yesterday kept its global oil demand growth projections…
NNPC incurred N473bn loss operating moribund refineries – Report
The Nigerian National Petroleum Corporation incurred a loss of N473.3bn in operating moribund refineries between…
Shell agrees N45.9bn Ogoni oil spill payment 10 years after judgment
The people of Ogoni in Rivers State got justice on Wednesday as the multinational oil…
Over 52 Senior NNPC Staff Affected in Fresh Redeployment
The Nigerian National Petroleum Corporation (NNPC) has continued its ongoing major reshuffle of key managerial…