ABUJA – The Nigerian oil and gas industry looks set for a major shift as Shell Petroleum Development Company (SPDC) plans to take the Final Investment...
… as refinery demand slows DUBAI – The Organisation of Petroleum Exporting Countries (OPEC) will cut crude exports this month to the lowest level since November...
LONDON – Crude oil prices are lower the day after Russia solidified its claims on Crimea, despite some bullish price moves in the previous session and...
ABUJA – Nigeria’s Minister of of petroleum resources, Diezani Alison-Madueke, on Tuesday said that the subsidy on imported refined petroleum products cannot be sustained. Speaking at...
LAGOS – A Mobil fuel station in Oba Akran in Ikeja, Lagos State capital which was razed by fire, has left several vehicles burnt after efforts...
ABUJA – Royal Dutch Shell said it lost nearly $1 billion through theft and other disruptions to its Nigerian oil and liquefied natural gas (LNG) operations in...
….laments drop in production and reserves ABUJA – The federal Governmnet trough the Oil industry regulator, the Department of Petroleum Resources, DPR, has called for intensive...
ABUJA – The Nigerian National Petroleum Corporation,NNPC, over the weekend said it has pumped additional 956, 501,315 million litres of premium motor spirit, petrol, to the...
ABUJA – Nigeria will soon become a petroleum products refining hub as its national oil and gas state-owned conglomerate, the Nigerian National Petroleum Corporation (NNPC), plans...
…as GMD laments incessant attacks on NNPC, says Nigeria unfair to the Corporation ABUJA – The Federal Government earlier today (Thursday) pledged to support the Nigerian...
