The Nigerian National Petroleum Company (NNPC) Limited lost $1.068 billion oil revenue in one month as the corporation struggles to… Read More
The secretary-general of the United Nations, António Guterres, has condemned oil and gas companies for taking advantage of the rising… Read More
Seplat Energy has commenced transportation of crude through the new Amukpe-Escravos pipeline in Niger Delta, as the oil and gas… Read More
Nigeria has yet again lost its position as the largest oil producer in Africa, after producing less crude compared to… Read More
The Group Chief Executive Officer of Oando Plc, Wale Tinubu, said Nigeria's Gross Domestic Product (GDP) is at risk of… Read More
Nigeria spent N947.51 billion on petrol subsidy within the first four months of this year, as rising crude oil price… Read More
Crude oil price opened trading on Monday at a loss, falling -0.72%, but it level is still a problem to… Read More
Crude oil price rose to $119.7 per barrel on Friday as the Organisation of Petroleum Exporting Countries (OPEC) raised Nigeria's… Read More
Ban on Russian oil from Europe has created an opening for oil thieves in Nigeria, Nigerian government and members of… Read More
Parent company of Nigerian Agip Oil Company (NAOC), Eni, on Monday declared a Force Majeure - a legal clause in… Read More
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