ABUJA – Nigeria will be losing about $2.14 million daily, as Italian oil firm, Eni, yesterday, shut down its 20,000 barrels per day crude oil pipeline...
NEW YORK – Brent crude slipped towards $106 per barrel on Thursday and was set to post its biggest monthly loss in more than a year...
WARRI – Eni SpA said on Wednesday it had shut off some crude production following sabotage on a pipeline it operates in the central part of...
HOUSTON – ConocoPhillips announced on Wednesday it has completed the transaction with Oando Energy Resources (OER), a subsidiary of Oando PLC, for the sale of its...
NEW YORK – Brent crude hovered in a tight range near $107.50 per barrel on Wednesday as investors eyed US data and policy decision from the...
NEW YORK – Oil prices slipped for a second session on Tuesday, with Brent edging down toward $107 per barrel, as ample supply offset geopolitical tensions...
NEW YORK – Brent crude held steady above $107 per barrel on Friday, on track to end the week flat as tensions in oil producing regions...
By Leo ATABE YENAGOA – The Federal Government has commended the achievements of the Nigerian Content Development and Monitoring Board (NCDMB) within its four years of existence,...
By Leo ATABE ABUJA – Imo State representing the South East Zone has won the 2014 NNPC Annual National Quiz Competition. The quiz was won by...
By Kunle KALEJAYE LAGOS – For effective monitoring of vessels in Nigeria’s maritime domain and to curb the activities of crude oil theft and sea pirate, the...