NEW YORK – US crude oil inched higher on Wednesday after news of a US government decision to permit exports of minimally refined condensate, while Brent...
LONDON — Premier Oil PLC said Wednesday it has appointed Tony Durrant as chief executive with immediate effect, replacing Simon Lockett who announced his plan to...
LONDON – Brent crude inched lower on Wednesday, but held close to a nine-month high above $114 per barrel as Sunni insurgents battled government forces for...
By Kunle KALEJAYE ABUJA – The joint venture operated by the Shell Petroleum Development Company of Nigeria Limited, SPDC JV has contributed about $44 billion to...
By Joseph BAMIDELE LAGOS – In view of the highly challenging security concerns in Nigerian and Governments seeming inability to address these challenges, pipeline vandalism and crude...
By Leo URIRI ABUJA – The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Engr. Andrew Yakubu has urged the leadership and members of...
ABUJA – Total Nigeria Plc’s employees, totaling 468, received about N5.698 billion as salaries, wages and other benefits in 2013. This, according to data obtained from...
ABUJA – Dangote Industries Limited has secured a $300 million facility from African Development Bank, AFDB to finance the construction of its crude oil refinery and...
NEW YORK – Brent crude slipped below $114 per barrel on Tuesday, as data showing near-record high oil exports from Iraq indicated supplies remained unaffected by...
LAGOS – The Minister Petroleum Resources, Mrs Deziani Alison-Madueke, has reiterated the commitment of the federal government towards achieving the petroleum industry reforms agenda through the...
