Oil price tumbles to $65, lowest in three months
The international oil benchmark, Brent crude, sank on Thursday to its lowest level since May…
All Posts in "Oil, Gas & Power"
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…
Power failure, COVID-19, others stall N88.76bn oil production
Power failure, COVID-19 outbreak and production shut-in at various crude oil terminals prevented the production…
NNPC posts N43.57bn trading surplus for April
The Nigerian National Petroleum Corporation on Sunday announced a trading surplus of N43.57bn in April…
Shell Nigeria awards N48m grant to Niger Delta entrepreneurs
Shell Nigeria announced on Sunday that 117 young entrepreneurs from the Niger Delta who graduated…