Oil prices continued to rally on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded as the...
Oil prices extended their losses on Tuesday as concerns about the fragile state of the global recovery in demand for crude and fuels were heightened by...
TotalEnergies won the 2020 Fully Integrated Company of the Year award in the Nigerian oil and gas sector. The award was presented to the company at...
President Muhammadu Buhari urged participants at the fourth Nigerian International Petroleum Summit (NIPS) to focus on strategies to further exploit the country’s vast hydrocarbon field. The...
Mr Michael Sangster, chairman of the Petroleum Producers Trade Section (OPTS), said the group is committed to supporting any initiative that can accelerate the growth of...
Organization of the Petroleum Exporting Countries (OPEC), Secretary-General, Dr Mohammad Barkindo revealed that OPEC member countries have lost around $1 trillion due to falling oil prices...
The federal government says the deployment of digital technology is key to reducing the Unit Operating Cost (UOC) of crude oil production in Nigeria to $10...
The OPEC group of oil-producing countries and its allies are set to boost production further as they meet Tuesday, following the recovery from low demand occasioned...
The Nigerian National Petroleum Corporation (NNPC) says 54 oil pipeline points were vandalized in February 2021. The Company disclosed this in its February Monthly Finance and...
Governor Abdullahi Ganduje of Kano State said the Ajaokuta, Kaduna, Kano (AKK) pipeline project will have a huge economic impact and create jobs in the state....