Oil extends losses on U.S. stock build, pandemic concerns
Oil prices extended their losses into a third day on Thursday as a surprise build-up in U.S. crude inventories and…
NCDMB assures on developing local capacity for oil & gas industry
The Nigerian Content Development and Monitoring Board, NCDMB has affirmed its commitment in developing the capacity and capabilities of Nigerians,…
Oil prices drop as India’s COVID-19 surge dents demand outlook
Oil prices fell for a second day on Wednesday, heading for their biggest daily drop in more than two weeks…
FG Allays Fears Over Fuel Scarcity, Boosts Daily PMS Supply
The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from…
NNPC Supplies 222.24BCF Gas in January
The Nigerian National Petroleum Corporation (NNPC), said it supplied a total of 222.24 billion cubic feet, BCF of gas in…
NNPC rules out fuel price increase in May
The Nigerian National Petroleum Corporation (NNPC) has ruled out increase of the pump price of Premium Motor Spirit (PMS) also…
Ijaw youths issue Chevron 24hours ultimatum over oil spill
A group known as Gbaramatu Youth Council, has issued Chevron Nigeria Limited, CNL, a 24hour ultimatum to urgently conduct a…
Oil multinationals will relocate to N’Delta if there is sustainable peace — Sylva
The Minister of State for Petroleum, Chief Timipre Sylva has sued for sustainable peace in Niger Delta so as to…
Nigerianization of NLNG hit 84 percent, target 100 percent by 2022
The shipping arm of the Nigerian Liquefied Natural Gas, NLNG, NLNG Ship Management Limited, NSML, has recorded…
Nigeria accounts for 23% of Africa’s upcoming oil and gas projects
Nigeria is expected to have 100 oil and gas projects commencing operations across the value chain between 2021 and 2025,…