Gbenga Akomolafe, the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), shared critical insights on Monday regarding
The Department of Petroleum Resources (DPR) has revealed that Nigeria has 7,000 reservoirs i.e., rock formations in which oil has
Dangote Group said it will start the sale of petroleum products from its refinery in the last quarter of 2021
ExxonMobil declared a third straight loss quarterly loss on Friday as it pared down capital expenditure for next year and
Oil prices fell by more than 4% on Thursday, hitting a five-month low and extending Wednesday’s steep decline over fears
The Nigerian National Petroleum Corporation (NNPC) recompensed oil supermajors including Royal Dutch Shell Plc and Exxon Mobil Corp. around $3.02
Saudi’s oil and gas minister challenged oil speculators to test his resolve to achieve stability in global markets when the
The president of the World Bank Group, David Malpass, has said that Nigeria stands to benefit from its decision to
Italian oil major, Eni, is hunting for documents from a United States investment firm assisting Nigeria sue it and Royal
Oil prices declined for the second successive session on Monday, with United States producers restoring output, following a lull in
Oil prices slid by over 1% on Friday, following the cessation of a labour action by oil workers in Norway
Nigeria has won a long-running legal tussle over an oilfield, averting the award of $1.5 billion in damages, Bloomberg reported
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