The federal government has earned one million euros from sales of carbon credits through its partnership with TotalEnergies. Bala Wunti, group general manager, National Petroleum Investment Management Services (NAPIMS), the
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Petrobarometer
Oil prices continued an upward trend on Wednesday as confidence in the outlook continues to grow on the back of strong fuel demand in western economies. Brent crude futures were
The Nigeria Liquified Natural Gas (NLNG) has signed sales and purchase agreements (SPAs) with three local power firms. Tony Attah, NLNG managing director, announced this during the signing ceremony in
The Major Oil Marketers Association of Nigeria (MOMAN) has expressed optimism that the passage of the petroleum industry bill (PIB) will lead to a free market for players in the
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria and oil-producing members lost about $1 trillion in revenue within
The federal government says it targets four million barrels of crude oil per day and grow the nation’s reserves to
Senate President Ahmad Lawan says the national assembly will pass the much-awaited Petroleum Industry Bill (PIB) before the end of
The Nigerian National Petroleum Corporation (NNPC) is reportedly in talks with investors to borrow $2.5 billion to acquire a stake
The African Refiners and Distributors Association (ARDA), a pan-African organisation for the downstream oil sector in Africa, says Nigeria and
Timipre Sylva, minister of state for petroleum, has called for a collaboration among 54 African countries with the African Continental
