NNPC, others sign agreements for methanol, gas projects
The Nigerian National Petroleum Corporation, the Nigerian Content Development and Monitoring Board, Brass Fertilizer and…
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$1.5bn for Port Harcourt refinery rehabilitation outrageous – Reps caucus
The minority caucus in the House of Representatives has rejected the $1.5bn approval for rehabilitation…
Aiteo dragged to court by Shell, Zenith, Fidelity, GTB over indebtedness
Indigenous oil producer, Aiteo Eastern E & P Company has been dragged to court by…
Petrol price hike only after negotiation with labour — NNPC
The Nigerian National Petroleum Corporation on Friday said it would maintain its current ex-depot price…
Shell Offers Advice on How to Enhance Efficiency in Nigeria’s Oil Sector
International Oil Company (IOC), Shell, has offered a number of actions it said would help…
Petrol price hike imminent as NNPC declares N120bn subsidy unsustainable
The Group General Manager, Nigerian National Petroleum Corporation, Mele Kyari, on Thursday said the Federal…
Oil rises to $64 as ship blocks Suez Canal
The international oil benchmark, Brent crude, reversed its recent losses on Wednesday after a ship…
Oil tumbles to $60 on concerns over vaccine rollouts
The international oil benchmark, Brent crude, fell more than six per cent on Tuesday, tumbling…
NNPC Streamlines Measures to Achieve $10/bl Production Cost Target
The Nigerian National Petroleum Corporation (NNPC) has taken a step further to achieve the $10…
Oil price slumps to $63 as vaccine rollout stalls
The international oil benchmark, Brent crude, fell on Thursday for the fifth straight day to…