Oil & Gas

The Group Managing Director of the Nigerian National Petroleum Company (NNPC) Ltd, Malam Mele Kyari, has called for a special court to try crude oil theft cases in the country. Kyari made…

Oil prices dropped on Friday, falling below $100 a barrel, as China, the International Energy Agency IEA. co-ordinated a second release from its emergency stockpile that will add 60 million…

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Ltd, Malam Mele Kyari, has expressed concern over Nigeria’s inability to increase crude oil production due…

Says disruption in the region had brought down oil production with the country lifting less than 1.5 million barrels per day

The Group General Manager of National Petroleum Investment Services (NAPIMS), Mr Bala Wunti, says the inauguration of the Nigerian Cost Optimization Programme by the Minister of State for…

The Federal Government has expressed worry over the high rate of crude oil theft in the Niger Delta. It added that the high-level cases of oil theft have become a threat to the country’s…

Following the queries by the Auditor General of the Federation (AuGF), Mr Adolphus Aghughu, that the Nigerian National Petroleum Company Ltd (NNPC) had failed to account for about…

In a bid to address the high prices of diesel in the country and transportation challenges in distributing petroleum products, the Minister of State for Petroleum Resources, Chief Timipre…

In recognition and acknowledgment of his remarkable contributions to nation-building particularly the oil and gas sector of the economy, the Group Managing Director/CEO of the Nigerian…

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has called on the U.S. Government to support the funding of natural gas development in Nigeria as an alternative source of…

The Group General Manager, National Petroleum Investment Management Services (NAPIMS), Engr. Bala Wunti, has been honoured with Ministerial Award for Outstanding Performance for…

Officials of Biden administration are currently in Venezuela to discuss easing sanctions on oil imports from the country as US finalize plans to sanction Russian crude. Both sides…

Oil prices soared above $130 a barrel in early trading on Monday, their highest since 2008, after the US said it is considering banning the import of Russian crude and is…

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a trading surplus of ₦37.50 billion for September 2021, representing a 352% increase from the…

In continuation of its intervention and petrol queue buster, the Nigerian National Petroleum Company Ltd (NNPC Ltd) says it is releasing additional 381.88 million litres of Premium…

He said: “$2.1 trillion is expected to be spent on renewable energy in the year 2022. All to fund renewable; That is three times what we spent to fund renewable energy last year. Therefore…