The Federal Government says it will increase crude oil production to the national target of three million barrels per day and reserves of 40 million barrels before...
The Senate has mandated its Committee on Petroleum Resources Upstream to come up with a bill on amendment of the Inland Basin Production Sharing Contract (PSC)...
By Orkula Shaagee, Abuja The House of Representatives has mandated its Committees on Petroleum Resources (Upstream), Petroleum Resources (Downstream) and Nigerian Content and Monitoring Development to...
By John Onah, Abuja The Nigerian National Petroleum Corporation (NNPC) said it has signed a 875.75 million dollar funding and technical services agreement and alternative financing deal...
From Dele Ogunyemi, Ibadan Mystery fire gutted the Apata, Ibadan depot of the Nigeria National Petroleum Corporation (NNPC) on Wednesday. The incident occurred at the loading...
U.S. Southern District Court of New York has delivered judgment in favour of the Nigerian National Petroleum Corporation (NNPC) against ESSO Exploration and Production Nigeria Limited...
Ganiyu Obaaro, with Agency report Energy stocks are poised for a higher opening on positive broader market momentum after positive comments from China, which propelled risk...
OPEC Hails Sylva’s Appointment as Minister of State, Petroleum The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo, has congratulated Mr...
From Marcel Duru, Owerri The communities of Oil Producing Areas in Ohaji-Egbema and Oguta Local government Areas of Imo State are demanding over N86billion from oil...
Ganiyu Obaaro, with Agency report Saudi Arabia has seriously ramped up its oil exports to China in recent months. The Saudi Kingdom’s crude shipments to China...
