Oil prices rose on Monday, buoyed by output cuts by OPEC and reports that the United States and China are close to a deal to end a year-long tariff ro...
Nigeria loses $16bn to PSC – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI)said that Nigeria lost at least $16 billion in ten years due to non-review of the 199...
Oil Edges Up As Market Eyes Tighter Supply
Oil prices edged up on Tuesday buoyed by expectations of tightening global supply due to U.S. sanctions on Venezuela and production cuts led by OPEC. ...
We are Committed to Making Refineries Fully Functional Before The End of 2019 – Kachukwu
The Minster of State for Petroleum, Dr Ibe kachukwu, has said that it would be sad if the nation’s refineries are not functional by the end of 2019. ...
Oil, Gas Export Sales up to $416m – NNPC
The Nigerian National Petroleum Corporation (NNPC) says a total of crude oil and gas export sales of 416.07 million dollars was realised in June, whic...
Economic Diversification Depends on The Success of Oil and Gas – SPE
Stakeholders in the oil and gas industry on Tuesday said the success of economic diversification policy of the Federal Government depends on the succe...
PIB: NNPC challenges Consultant to NASS
PIB: NNPC challenges Consultant to NASS By Edith Ike-Eboh Nigeria National Petroleum Corporation (NNPC) has challenged the consultant to the National ...
Varsity Invents Software Game for Oil Industry
Federal University of Petroleum Resources, Effurun, Delta has invented a software game for training students and others to stimulate their interests i...
FG to Oil Stakeholders: Provide Accurate and Up-to-date Data
Dr Folasade Yemi-Esan, the Permanent Secretary, Ministry of Petroleum Resources on Monday urged oil and gas stakeholders to collate accurate, up-to-da...
Fuel Scarcity: Motorists Buy Petrol With Ease in Cross River
As fuel scarcity and hike in pump price bite harder in some states of the federation, the product situation remains stable in Calabar, the News Agency...