The Minister of State for Petroleum Resources, Chief Timipre Sylva, said Nigeria joined the OPEC+ to cut crude oil supply by 10 million Barrel Per Day....
The African Energy Chamber has urged OPEC and OPEC+ to work together and find a deal to restore market stability. The situation in Africa’s oil economies...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says Nigeria would no longer pay subsidy on petrol with the ongoing...
The Federal Government says it will cooperate and support the integration and operations of Artisanal Refineries to reduce crude oil theft, lime fuel import and enhance...
Oil price rallied near $40 per barrel on Sunday evening, as a meeting between Organisation and Petroleum Exporting Countries (OPEC) and its allies have been postponed...
Following the intervention of the Nigerian National Petroleum Corporation (NNPC) in addressing the issue of gas availability to thermal power plants, the power supply has risen...
The Managing Director, Petroleum Products and Marketing Company (PPMC), Mrs Esther Nnamdi-Ogbue, says the Federal Government will involve some security agencies in prosecuting pipeline vandals. Ogbue...
President Goodluck Jonathan, Monday, ordered the immediate release of the PriceWater Cooper’s forensic audit report of the Nigerian National Petroleum Corporation (NNPC) into the allegedly unremitted...
President Goodluck Jonathan received the Forensic Audit report on the Nigerian National Petroleum Corporation (NNPC), on Monday, in Abuja, from the international auditing firm, Water House....
The Nigerian National Petroleum Corporation (NNPC) has allayed any fear of fuel scarcity that may be arise due to the vandalism of its pipeline at Imagbon,...
In line with the dwindling prices in the oil market, this article about the Nigerian oil blocs business shrewd in mystery is again brought to the...
It would be inappropriate for President Goodluck Jonathan- if re-elected- to reappoint the current Nigerian minister of petroleum. The Chief Justice of Nigeria’s Supreme Court will...