A gas explosion has rocked the Amuwo-Odofin LGA of Lagos state. The explosion was said to have happened around 7pm on Tuesday at Iyasoko street, Agboj
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The Nigerian government has called on foreign and local investors to consider investing into the country’s energy industry. The Minister of Scie
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The Nigerian National Petroleum Corporation (NNPC) says the country recorded 37.21 per cent decline in pipeline vandalism incidents across the country
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The Organisation of the Petroleum Exporting Countries (OPEC) adjusted its expectations for oil demand in 2021, as producing countries move to increase
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Oil prices jumped on Tuesday after increasing energy demand from China, world’s second-largest oil consumer. As at 11:06 am, the price of Brent crude,
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The Department of Petroleum Resources (DPR) says 32 refinery project licences issued to private investors in the country have become invalid in the pa
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In the first 11 days in April, the Nigerian government spent an estimate of N99 billion as fuel subsidy on premium motor spirit (PMS) also known as pe
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Shell Petroleum Development Company (SPDC), the operator of Nigeria’s main onshore oil and gas joint venture, recorded the highest volume of oil spill
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Nigeria’s major export and import market in the fourth quarter of 2020 were India, Spain, the Netherlands, the United States and China, the National B
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Analysts have predicted that the allocation of marginal oil fields will boost domestic oil production and increase the participation of indigenous oil
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The Nigerian National Petroleum Corporation (NNPC) says it has begun the transportation of line pipes for the Ajaokuta-Kaduna-Kano gas pipeline projec
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Brent, the oil against which Nigeria’s crude is priced, continued its fall in price on Thursday with oil marketers in the country projecting that such
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The Nigerian National Petroleum Corporation (NNPC) has disclosed its intention to resume active crude oil exploration in Sokoto Basin. The corporation
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The Federal Government says the Petroleum Industry Bill (PIB) will end the blame game in Nigeria’s oil and gas sector. Over the years, the Nigerian go
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The Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OML) belonging to Addax Petroleum citing non-development of the asse
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The Nigerian National Petroleum Corporation (NNPC) and Tecnimont SpA, an Italian engineering company, on Tuesday, signed the engineering procurement a
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The Centre for Peace and Environmental Justice (CUPEJ) has called on Chevron Nigeria Limited (CNL) to accept responsibility for the oil spill at Gbara
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The volume of crude oil exported by Nigeria to the United States grew by 94,000 barrels per day in the first quarter of the year. BizWatch Nigeria’s a
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An oil facility of the Shell Petroleum Development Company (SPDC), in the Agbura-Otuokpoti area of Yenagoa, Bayelsa State, has been shut down due to s
Read MoreThere were reduced incidences of pipeline vandalism in 2020 compared to 2019, a latest data obtained from the Nigerian National Petroleum Corporation
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