According to him the Federal Government has lifted the ban on il bunkering activities and the corporation as a business entity wishes to take advantage of...
LONDON – Libya’s largest oil field Sharara is ramping up production much faster than expected and may reach two thirds of its output capacity by day...
NEW YORK – Brent crude fell below $109 a barrel on Wednesday as Libya restarted an oilfield, on track to drop for an eighth session in...
By Leo ATABE LAGOS – Nigerian Content implementation recorded another milestone on Monday in Lagos as an indigenous oil servicing company, PEM Offshore Limited began to...
By Leo ATABE LAGOS-Mobil Producing Nigeria unlimited (MPN), operator of the NNPC/MPN joint venture, confirms a liquid release from our Qua Iboe terminal facility on Sunday...
By Leo ATABE Lagos, Nigeria — Oando PLC through its subsidiary Oando Energy Resources and ConocoPhillips have entered into an agreement to extend the outside date...
NEW YORK – Crude-oil futures were mostly in negative territory in Asian trade Friday, with both oil benchmarks extending overnight losses. On the New York Mercantile...
…as Pengassan calls for quick passage of PIB By Leo ATABE ABUJA – The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Engr. Andrew...
By Ben Ulele LAGOS – The explosion which rocked Folawiyo oil depot in Apapa area of Lagos killing five people has been confirmed as suicide bombing....
…as indigenous Oil companies set to take over upstream sector By Leo URIRI ABUJA – The Federal Government appears set to boost indigenous participation in crude...
