Oil prices fell on Tuesday ahead of the meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+. At 9.00 GMT+1, Brent crude plunged 0.37
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Timipre Sylva, minister of state for petroleum resources, says regulations in the midstream and downstream petroleum regulations will accelerate investments in the sector. Sylva said this at the NMDPRA stakeholders’
Haitham Al Ghais, a Kuwaiti oil and gas veteran, has formally assumed office as secretary-general of the Organisation of the Petroleum Exporting Countries (OPEC). Al-Ghais succeeds Mohammad Sanusi Barkindo, the
Seplat Energy Plc says it has commenced commercial injection of crude oil through the Amukpe-Escravos Pipeline. Emeka Onwuka, chief financial officer, Seplat Energy, disclosed this in a corporate filing on
Nigerian Navy says it has seized about 64 million litres of petroleum products worth over N25 billion from oil thieves
The South African government says it will slash the pump price of fuel from Wednesday. Gwede Mantashe, South Africa’s minister of
Shell Petroleum Development Company (SPDC) has lamented increasing incidents of crude theft and vandalisation of its facilities. Igo Weli, country
Austin Avuru, founding chief executive officer (CEO) of Seplat Energy, says he has called off the planned unveiling of his
A house of representatives committee has asked the Nigerian navy to provide details of vessels used in importing and exporting petrol
A house of representatives committee says there is no information on the status of 23 oil companies operating in the