A subsidiary of Nigerian National Petroleum Corporation (NNPC), Duke Oil, has signed a Memorandum of Understanding with Indonesia’s state oil corp, Pe
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The President Muhammadu Buhari on Tuesday flagged off the construction of the $10 billion Nigeria Liquefied Natural Gas (NLNG) train 7 project and cha
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Nigeria’s crude oil production output has been affected by technical and operational issues as well as pipeline vandalism, according to a report
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Nigeria is blessed with natural resources with oil and gas been its major source of income. Natural resources are that which exist without any actions
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The transformation of Nigeria’s petroleum industry can happen through the passage of the Petroleum Industry Bill (PIB), as stated by the Preside
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In a bid to curb the illegal refining of oil in the country, the Federal Government has entered into a contract with shareholders to construct the Bra
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The Department of Petroleum Resources (DPR) says Nigeria’s proven natural gas reserve stood at 206.53 trillion cubic feet (tcf) as of Jan.1, 2021. Mr.
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The Chairman of Nigeria Gas Association and Managing Director, Shell Nigeria Gas, Ed Ubong, said that the country had a huge gas resource base but fai
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Chinese technology giant Huawei has said that its mission in Nigeria is to enable the digitisation of all industries in the country, with a focus on t
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The President of the Senate, Ahmed Lawan, says the both chambers of the National Assembly it will soon receive the final report on the Petroleum Indus
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Nigeria and other African countries will need to spend about $15.7bn to upgrade their 36 refineries in order to produce cleaner fuel, the African Refi
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The price of Brent crude oil, against which Nigeria’s crude oil is benchmarked, increased above $70 per barrel on Tuesday following the decision
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Nigeria’s national oil firm, the Nigerian National Petroleum Corporation (NNPC) has noted that it had preserved its employees in the face of ope
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Oil prices on Tuesday hit $70 per barrel on growing optimism that fuel demand will improve in the next quarter. Brent crude, which Nigeria’s cru
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The Nigerian National Petroleum Corporation (NNPC) has recorded a reduction in crude oil export earnings in April as revenue plunged by 98 per cent co
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Nigeria’s national oil organisation, the Nigerian National Petroleum Corporation (NNPC) has explained its interest in Dangote Refinery. Its reas
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French oil and gas company, Total, announced a name change to TotalEnergies, as it sought to pivot to renewable energy. The company’s decision h
Read MoreThe Department of Petroleum Resources (DPR) on Wednesday said the oil production from the 57 marginal oilfields that have been awarded licenses will c
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More than half of the Liquefied Petroleum Gas (LPG), also known as cooking gas, consumed in Nigeria in April was imported from three countries despite
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The Nigerian National Petroleum Corporation (NNPC) have signed five agreements with four of its Production Sharing Contract partners to renew Oil Mini
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