ABUJA – The Federal government scrutiny of the lingering transaction between Oando plc and ConocoPhilips has left Shareholders of Oando plc hoping for a quick conclusion of...
SEOUL—The U.S. is considering relaxing regulations that ban the export of crude oil, citing growing domestic production of oil that isn’t suitable for refining locally, U.S....
…insists Ioc’s divestment good for local players By Joseph BAMIDELE HOUSTON – Contrary to the apprehension in some quarters that the recent spate of assets divestments...
LONDON – Brent crude held above $108 a barrel on Tuesday as the threat of further European sanctions against Russia over Ukraine weighed on oil markets....
NEW YORK – Oil futures slid Wednesday ahead of weekly government data expected to show that crude-oil supplies hit a new record high last week. Light,...
ABUJA – Total E & P Nigeria limited, Total today directed Hyundai Heavy Industries, HHI a contractor on the NNPC/Total Joint Venture’s Ofon-2 Project, to ensure...
NEW YORK – Brent crude held steady at above $108 a barrel on Tuesday after posting its biggest daily fall in nearly a month on an...
ABUJA – Nigeria has granted licences to 40 companies to import around 1.85 million tonnes of gasoline by the end of June, Nigerian National Petroleum Corporation...
ABUJA – The Nigerian National Petroleum Corporation, NNPC, has expressed its determination to deliver commercial value for the Federal Government Gas Revolution agenda in order to...
…to discharge 77,000 metric tonnes of petrol LAGOS – The Major Oil Marketers Association of Nigeria (MOMAN) on Tuesday said that over 77,000 metric tonnes (33,000...
