LAGOS — A prosecution witness in the on-going trial of fuel marketers, Mr Victor Chidok, disclosed to a Lagos State High Court sitting in Ikeja that...
LAGOS – A prosecution witness in the ongoing trial of some oil marketers, Mr Victor Chidok, on Monday stated that the Petroleum Products Pricing Regulatory Agency...
LAGOS – The Lagos Chamber of Commerce and Industry (LCCI) has warned that new oil discoveries across various countries pose threats to the nation’s revenue. The...
BEIJING -China National Petroleum Corporation,CNPC has completed its purchase from Eni SPA of a 20% indirect participation in Area 4 offshore Mozambique, where the Italian company is...
LAGOS – The Nigeria National Petroleum Corporation, NNPC, paid N2.6 trillion into the Federation Account in the first six months of this year. Five insurance companies,...
WASHINGTON D.C. — President Obama said in an interview that he would evaluate construction of the Keystone XL pipeline on the basis of whether it would...
LONDON – Sudan’s currency hit a new low on Tuesday, traders said, ahead of Khartoum’s deadline to shut a pipeline carrying South Sudanese oil worth billions...
BANGKOK – Thai naval vessels joined efforts Sunday to stop hundreds of barrels of oil from a pipeline leak in the Gulf of Thailand reaching the...
LAGOS – Nigeria LNG Limited announced today that it has lifted the force majeure declaration made to its buyers and gas suppliers, after it lost all...
LONDON – The oil industry is bracing itself for the impact of South Sudanese President Salva Kiir’s decision to sack his entire cabinet. including his second...
