Oil prices rose 3% on Tuesday, extending sharp gains on a bullish demand outlook as U.S. regulators issued their first full approval…
Oil and Gas
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Road Transport owners across Nigeria have expressed optimism that the 650,000 barrels-per-day Dangote Petroleum Refinery would deepen the downstream sector and positively…
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Oil prices rose more than 5% on Monday, as a weaker dollar and strong global equities markets boosted crude futures after seven…
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EconomyNewsOil and Gas
Rising price of Kerosene, cooking gas drives more Nigerians to use of firewood
National Bureau of Statistics has said that the price of household kerosene rose to N520 per litre in some state in the…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of the Board of the…
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Director General Lagos Chamber of Commerce and Industry Dr. Chinyere Almona has said that the federal Government should be firm and clear…
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Oil prices skidded on Thursday for a sixth session, hitting lows not seen since May, pressured by a stronger U.S. dollar and…
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A significant step towards redeeming the pledge by the Nigerian National Petroleum Corporation (NNPC) to intervene in the perennial electric power supply…
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President Muhammadu Buhari has approved a steering committee to oversee the process of implementation of the newly signed Petroleum Industry Act (PIA).…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the Corporation’s commitment to supporting the…
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Senate has described the signing into law, the Petroleum Industry Bill, PIB, 2021 by President Muhammadu Buhari as major victory that will…
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Oil fell on Friday, but was on track to post a weekly rise, broadly shrugging off a warning from the International Energy…
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OPEC on Thursday stuck to its prediction of a strong recovery in world oil demand in 2021 and further growth next year,…
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Crude oil prices rose 3 per cent, largely driven by profit taking after more than a week’s losses and supported by rising…
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Oil and GasNews
NNPC appoints executive directors preparatory to becoming a limited liability company post PIB
In a bid to strengthen and reposition the Nigerian National Petroleum Corporation (NNPC) towards attaining global excellence and profitability, the Management of…