With Nigeria losing out its US market, demand for the country’s crude from the Far East continues to rise.
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Both federal and state governments have continued to pile up new debts even as crude oil price and revenue maintained a general uptrend since 2017. Within the first nine months
The increasing number of filling stations in Nigeria’s border towns is raising suspicion that they are funnels for fuel smuggling to neighbouring countries.
The Nigerian National Petroleum Corporation (NNPC) said on Tuesday it recorded total export receipts of $476.25m in December 2017 from sale of crude oil and gas, showing 137% increase over the $201.11 million revenue
Oil marketers have reached an agreement with the federal government on the payment of an outstanding N650 billion subsidy.
The Nigerian National Petroleum Corporation (NNPC) on Monday said it has brought down the cost of producing crude oil to
Ibe Kachikwu, minister of state for petroleum resources, says Nigeria has forever lost the United States as a significant crude
An Italian court has postponed to May 14 the trial of Royal Dutch Shell and Eni executives over alleged corruption in Nigeria.
Following the rising bill incurred on importation of petroleum products to meet domestic demand, senior Nigerian oil workers have called
The Nigerian National Petroleum Corporation (NNPC) said on Sunday it was subsidising the supply of petrol to the tune of N774 million
