ABUJA – The Nigerian National Petroleum Corporation, NNPC, and its downstream subsidiary, Pipelines and Products Marketing Company, PPMC, have said that normalcy is being restored to...
…hits 2500 bopd ABUJA – Following concerted efforts since it resumes operatorship, The Nigerian National Petroleum Corporation (NNPC) through its subsidiary Nigerian Petroleum Development Company Limited,...
LONDON – Brent crude oil prices fell Tuesday after a new sign of possible shrinking demand in China. The official manufacturing purchasing managers’ index, a measure...
DUBAI – Seoul-based Samsung Engineering has been awarded a $840 million contract for work on the giant Zubair oilfield development in Iraq. Italy’s Eni awarded a...
ABUJA – Another round of fuel scarcity is looming following plans by the leadership of the Independent Marketers Association of Nigeria (IPMAN) to shut its over...
BEIJING – Today, Crude oil futures were slightly lower in Asia as markets were weighed by the crisis in Ukraine and oil demand fundamentals with main...
PORT HARCOURT – Yesterday, the Commissioner of Police, Mr. Tunde Ogunsakin vowed to tackle pipeline vandalism in Rivers state saying no suspect would be treated mildly....
PORT HARCOURT – Two British nationals were among 14 people arrested on suspicion of attempted bribery in connection with an alleged plot to steal oil from...
LAGOS – Nigerian independent Seplat Petroleum has revealed the price range for its intended flotation on bourses in London and Lagos. The company, which revealed its...
ABUJA – The joint committees on petroleum resources (downstream & upstream) and judiciary have summoned the Minister of petroleum resources, Diezani Alison-Madueke over alleged under delivery of...
