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OIL & GAS

OIL & GAS

Oil
NEWSLETTER OIL & GAS

Oil prices rose for a fourth day on Tuesday on optimism the U.S. Federal Reserve will this week cut interest rates for the first time in more than ...
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DPR
OIL & GAS

The Warri Zonal Office of the Department of Petroleum Resources (DPR) has sanctioned 11 petrol stations and two gas plants in Delta in two separate operations. The News ...
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NNPC
COVER OIL & GAS

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari says the corporation has no secret accounts that breaches the Treasury Single Account ...
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NLNG
COVER NEWSLETTER OIL & GAS

The Liquefied Petroleum Gas (LPG) off-takers, popularly known as cooking gas marketers, have accused the Nigerian Liquefied Natural Gas (NLNG) of marginalising them in the distribution of the ...
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Oil
NEWSLETTER OIL & GAS

Oil prices rose on Monday as the prospect of an expected interest rate cut by the U.S. Federal Reserve overshadowed pessimism over U.S.-China trade talks and oil demand ...
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Oando
COVER NEWSLETTER OIL & GAS

Oando Plc has recorded a revenue of N315.4 billion for the half year ended June 30, 2019, showing an increase of six per cent from N297.3 billion in ...
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Oil
NEWSLETTER OIL & GAS

Oil prices steadied on Friday and were on track for a weekly increase as geopolitical tensions in the Middle East and concerns over the safety of oil transport ...
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China
COVER NEWSLETTER OIL & GAS

A wave of new production and slowing domestic demand have forced China to export petrol cargoes to Nigeria and Mexico as the Asian country ramps up petrol exports ...
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Oil
NEWSLETTER OIL & GAS

Oil rose more than $1 on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but prices faced downward pressure from weak manufacturing data ...
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NNPC
COVER NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation (NNPC) has suspended cash call repayments to Italian oil major, Eni, for three months and did not plan to renew some of the ...
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NNPC
COVER NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation (NNPC) says it has signed a 3.15 billion dollars Financing and Technical Services Agreement between Sterling Oil Exploration and other partners for the ...
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NNPC
COVER NEWSLETTER OIL & GAS

Earns $580.32m from crude oil, gas sales The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N6.33 billon for May 2019, which is 13 per ...
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NNPC
OIL & GAS

The Nigerian National Petroleum Corporation NNPC has expressed its readiness to continue to supply over 10 percent of India’s crude oil demand in the face of competing demand ...
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DPR
COVER OIL & GAS

The Adamawa office of the Department of Petroleum Resources (DPR) has commenced the sealing off of illegal filling stations in the state. The exercise, which commenced on Thursday, ...
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NPA
COVER OIL & GAS SHIPPING & PORT SERVICES

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman, has lauded the federal government’s ports concession programme, describing it as a tremendous success. Usman stated this ...
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DPR
OIL & GAS

The Department of Petroleum Resources (DPR) says it has lifted the ban it placed on 89 filling stations belonging to Petrocam Trading Nigeria Ltd. for violating the agency’s ...
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NNPC
COVER NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation (NNPC) yesterday issued award letters to oil firms for the highly sought-after contracts to exchange crude oil for imported fuel. Under the new ...
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Oil
NEWSLETTER OIL & GAS

Oil prices rose on Monday as Chinese industrial output and retail data topped expectations, though gains were capped by overall figures showing the country’s slowest quarterly economic growth ...
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Oil
NEWSLETTER OIL & GAS

Oil prices edged higher on Friday and were on track for a weekly gain as U.S. oil producers in the Gulf of Mexico cut more than half their ...
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NNPC
COVER NEWSLETTER OIL & GAS

The Nigerian National Petroleum Corporation on Thursday advised motorists and other petroleum product consumers to disregard the trending rumour of a planned hike in the pump price of ...
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