‘Global Oil Market Needs More Crude Than OPEC+ is Offering’
The global oil market needs much more crude than what the Organisation of Petroleum Exporting…
All Posts in "Oil, Gas & Power"
NNPC, Partners Achieve 30% Oil Production Cost Reduction
The Nigerian National Petroleum Corporation (NNPC) in collaboration with other oil exploration and production companies…
PIB: Dangote refinery, others to buy crude in naira
Holders of refining licences in the country can pay for domestic crude oil supply in…
Nigeria, others may raise oil production by 2 million bpd
The Organisation of the Petroleum Exporting Countries and its allies appear set to increase their…
Oil Price Predicted to Hit $100/bbl in 2022
Crude oil price may surge to $100 a barrel next year as travel demand rebounds,…
FG Approves Award of Bayelsa Oilfield to New Owners
The federal government has approved the handing over of the Atala oilfield, a revoked asset…
Petrol landing cost hits N232, subsidy rises to N5.58bn daily
The landing cost of Premium Motor Spirit being imported into Nigeria surged by more than…
Petrol smuggling persists, 102 million litres consumed in May – NNPC
The Nigerian National Petroleum Corporation on Wednesday said it was collaborating with law enforcement agencies…
Community blames Shell for oil spill devastation, company cites vandalism
The Obiakpu community in Imo has accused the Shell Petroleum Development Company of oil spill…
Total Nigeria shareholders approve N2.06bn dividend
The shareholders of Total Nigeria Plc, on Thursday, approved the N2.06bn dividend proposed by the…