Ibe Kachikwu, minister of state for petroleum resources, says the federal government will NOT sell its refineries. Rather, the aim is to make Nigeria the refinery corridor for the rest
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Mohammed Barkindo, secretary general of the Organization of Petroleum Exporting Countries (OPEC), has expressed concern over the powerful cartel that gives rise to the continued instability in the international oil
Ibe Kachikwu, minister of state for petroleum resources, says Nigeria is unruffled by the slide in crude oil prices, maintaining that the country can comfortable ride the storm with oil
Ibe Kachikwu, minister of state for petroleum resources, says the Nigerian National Petroleum Corporation (NNPC) should “do whatever it takes” to end petrol queues in Abuja before Sunday. Speaking at
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
The price of Brent crude — the equivalent Nigeria’s Bonny light — has dropped by $3.31 between Monday and Friday
In a bid to tackle the fuel shortages still ravaging some parts of the country, the Nigerian National Petroleum Corporation
Facts and figures published by the ministry of petroleum resources show that the supply of petrol increased by 12.87 million
The Bonga deep offshore oil field, one of Nigeria’s highest volume producers and top revenue earners, was shut down for