Oil prices continued to surge as Brent crude, global oil benchmark, climbed a three-year high amid increasing demand for the commodity. At 11.25 am Tuesday, Brent crude climbed 0.86 percent
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Jonathon Zarembok, a former BP staff member, alleges that bribery for oil contracts from Nigerian National Petroleum Corporation (NNPC) was used to support the 2019 general elections. BP is a
Petrol subsidy payments gulped N714 billion in the last seven months, shrinking monthly revenue accrued to the federation account. Subsidy or under-recovery is the underpriced sales of premium motor spirit
The price of Brent crude rose to the highest in two months amid supply constraints and a drop in crude inventories of the United States, the world’s top oil consumer.
The federal government has inaugurated an inter-ministerial committee to tackle the illegal refining of crude oil in the Niger Delta.
Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the supply crisis affecting the natural gas
Andrew Yakubu, former group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), has refuted accusations that part of
Oil prices rose on Wednesday after industry data showed a large drop in crude inventories of the United States, the
Chukwuka Utazi, People’s Democratic Party (PDP) senator representing Enugu north senatorial district, has asked the Revenue Mobilisation Allocation and Fiscal
