The maiden Nigeria International Petroleum Summit (NIPS) came to an end on Friday with positive reviews from a gathering of major stakeholders in the oil and gas industry both locally
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Ahead of proposed plan by the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC members led by Russia to make permanent their cooperative agreement on putting a cap on oil
Despite the general enthusiasm by both the Nigerian and private investors for the establishment of modular refineries, the Lagos Chamber of Commerce and Industries (LCCI) says this plan is too
The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it has spent $5.8 billion to import 9.8 million metric tons of petrol since late last year to combat the fuel crisis. Mainkati
Ibe Kachikwu, minister of state for petroleum resources, says the federal government will NOT sell its refineries. Rather, the aim
Mohammed Barkindo, secretary general of the Organization of Petroleum Exporting Countries (OPEC), has expressed concern over the powerful cartel that
Ibe Kachikwu, minister of state for petroleum resources, says Nigeria is unruffled by the slide in crude oil prices, maintaining
Ibe Kachikwu, minister of state for petroleum resources, says the Nigerian National Petroleum Corporation (NNPC) should “do whatever it takes”
Oil contribution to Nigeria’s gross domestic product (GDP) is on the rise after witnessing a downward trend over a four
The global crude oil market seems not to have recovered from the fears of another supply glut as West Texas