The Nigerian National Petroleum Company (NNPC) Limited says the country’s petrol subsidy regime has been “fuelling the vicious cycle of poverty” in the nation. According to the National Bureau of
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The Rivers chapter of the Independent Petrol Marketers Association of Nigeria (IPMAN) has accused Timipre Sylva, the minister of state for petroleum, of paying lip service to the completion of
Seplat Energy says it has terminated a consultancy agreement involving the company’s wholly owned subsidiary, as well as Bryant Orjiako, its co-founder and immediate past chairman. Disclosing this in a
The Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) has released six regulations to support sustainable growth and investment in the midstream and downstream sectors. The unveiling ceremony took place on
VR Capital, a hedge fund firm, says payments made to Nigerian officials by Process & Industrial Developments (P&ID) violated the
The Nigerian National Petroleum Company (NNPC) Limited says Jean-Marc Cordier has joined its oil trading arm, NNPC Trading Limited. Garba
The Shell Petroleum Development Company of Nigeria Limited (SPDC) says it has resumed oil exportation from the Bonny crude oil
Clem Agba, minister of state for budget and national planning, says relevant committees on post-petrol subsidy palliative measures have not
Oil price fell on Wednesday to $72 a barrel for the first time in more than one year. Brent crude,
The management of Eroton Exploration and Production Company Limited says it remains the operator of the oil mining lease (OML)