Oil prices continued to move closer to the $70 per barrel mark as the market anticipates the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) meeting this week …
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Energy
The Nigerian National Petroleum Corporation (NNPC) has charged investors on the construction of greenfield condensate refineries in order to meet the country’s goal of becoming a net exporter of petroleum …
Oil dipped by 3 per cent on Thursday as India’s coronavirus crisis worsened and operations to a key fuel pipeline in the United States resumed. As a result, the Brent …
Exactly seven months after the Minister of State for Petroleum, Dr Ibe Kachikwu, directed the Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) to commence …
The Nigerian National Petroleum Corporation (NNPC) and its partner, Nigerian Agip Oil Company (NAOC) lost 400,000 barrels of crude oil in February due to the outbreak of the COVID-19 pandemic …
Nigeria’s state oil firm NNPC has picked 16 consortia for its new crude-for-fuel swap contracts for one year starting in August, sources with direct knowledge of the matter said. The …
In an apparent reflection of the measures taken to achieve stability in the global market by the Organisation of Petroleum Exporting Countries, OPEC, pipeline vandalism and oil theft in the …
Ruling comes ahead of trial in which bank is accused of enabling $875m in misappropriated payments Nigeria has succeeded in an effort to force JPMorgan Chase to disclose more documents …
Despite the shocks that plagued the oil market last year, a semblance of good news has materialised for Nigeria and other oil-producing nations under the Organisation of the Petroleum Exporting …
Oil and gas contract activity remained relatively stable in Q1 2021, with the industry recording a marginal decrease in the number of contracts and at the same time an increase …