Oil Prices Surge to Four-Month High, Brightening Budget Prospects
The price of Brent crude, Nigeria’s benchmark grade, extended gains for a third session on...
Oil & Gas
Chevron Targets More Offshore Oil Fields in Nigeria
Samuel Mobolaji U.S. oil and gas giant Chevron says, it is buying into offshore blocks offshore...
NNPCL to Project Nigeria’s Oil&Gas Reforms
Samuel Mobolaji The Nigerian National Petroleum Company Ltd. (NNPCL) will be highlighting on ongoing major...
Dangote to NNPC, Marketers: Halt Petrol Imports, Local Refinery Has Enough Stock
Aliko Dangote, owner of the Dangote refinery, says his refinery has more than 500 million...
Oil Prices Surge 2% to $76/Per Barrel Amid Israel-Iran Tensions
Samuel Mobolaji Oil Prices rose significantly in the global commodity market, with Brent Crude climbing...
FG Approves Exxon Mobil $1.3bn Assets Divestment To Seplat
The federal government has announced the approval of ExxonMobil’s $1.28 billion divestment of its oil...
NNPCL, Chevron confirm Oil Discovery in Niger Delta
The Nigerian National Petroleum Company Limited (NNPCL) and its joint venture partner, Chevron Nigeria...
Oil Production Activities Resumes At OML 55
Samuel Mobolaji Sustained military strike on oil thieves, which has significantly reduced criminal activities in...
Nigeria Declassifies Makeshift Investors in Oil & Gas Sector
Samuel Mobolaji The federal government has taken major action to protect its oil and...
Government Intrusiveness in NNPCL Operations over- Lokpobiri
The minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has stated that intrusiveness in operations...
