The federal government has inaugurated an inter-ministerial committee to tackle the illegal refining of crude oil in the Niger Delta. Members of the committee are drawn from the ministry of
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Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the supply crisis affecting the natural gas market may push crude oil prices up by $10 a
Andrew Yakubu, former group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), has refuted accusations that part of the recovered money from his residence in Kaduna state was
Oil prices rose on Wednesday after industry data showed a large drop in crude inventories of the United States, the world’s top oil consumer. Brent crude oil futures, global oil
Chukwuka Utazi, People’s Democratic Party (PDP) senator representing Enugu north senatorial district, has asked the Revenue Mobilisation Allocation and Fiscal
The supreme court has fixed November 1 to hear a suit on the disputed ownership of 17 oil wells between
President Muhammadu Buhari has asked the national assembly to amend the recent Petroleum Industry Act (PIA), citing unbalanced geopolitical representation.
President Muhammadu Buhari has directed the incorporation of Nigerian National Petroleum Company (NNPC) Limited and appointed the board and management
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked its members to resume supply of petroleum products in south-east
The National Bureau of Statistics (NBS) says average price per litre paid by consumers for household kerosene increased to N400.01