Nigeria overtakes US as 4th largest oil supplier to India
Nigeria has risen to fourth position among key crude oil producers making supply to India. India is Asia’s second biggest…
Port Harcourt refinery’ll deliver refined products September 2022 – NNPC
The Nigerian National Petroleum Corporation (NNPC) says the $1.5bn rehabilitation of the Port Harcourt Refining Company has commenced in full…
Nigeria’s sweet crude bullish at $75 despite oil prices crashing to $69
The decision by the Organisation of Oil Exporting Countries (OPEC) to pump 400,000 barrels per day of crude oil into…
Oil price drops to $72.39 as OPEC increases production
Brent, the crude against which Nigeria’s oil is priced, dropped in price on Monday morning following the agreement reached by…
PIB will take care of host oil communities, secure environment — Buhari
President Muhammadu Buhari says t the Petroleum Industry Bill (PIB) will take care of agitations by host oil communities and…
OPEC+ resolves impasse, to boost production by 400,000bpd
After over a two-week stalemate, the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, yesterday resolved…
Supreme Court stops FG from ceding 17 oil wells to Imo
The Supreme Court on Wednesday restrained the Federal Government and its agencies from ceding 17 oil wells to Imo State.…
Sylva Affirms Oil, OPEC’s Place in Future Energy Mix
The Minister of State for Petroleum Resources Chief Timipre Sylva has said that oil will not lose its place in…
PIB: Marketers, TUC oppose Senate provision limiting fuel imports to refiners
Fuel marketers and the Trade Union Congress of Nigeria, on Tuesday, expressed their opposition to a provision in the Senate…
Oil and Gas Unions Threatens FG Over Release of Kidnapped Member
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, along with its mother union, the Trade Union Congress,…