Mallam Mele Kyari, GMD of NNPC …to focus more on gas, condensats for revenue growth The Nigerian National Petroleum Corporation (NNPC) has reiterated
Ben van Beurden, Shell CEO Oil major Shell will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impai
OPEC+ group’s compliance with the oil production cuts fell to 75 percent in December 2020—one of the lowest levels since the pact was enacted in May 2
BW Offshore made it known that it has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of Eni, until the en
On the current marginal field bid round which 161 companies have been shortlisted for the final stage by the Department of Petroleum Resources (DPR),
BonnyLight Energy and Offshore Limited, a wholly indigenous petroleum downstream and an emerging player in product storage, marketing and distribution
In what seems to be a continuous trend in Lagos, a tanker conveying Premium Motor Spirit (PMS) on Thursday morning rolled over and burst into flames o
OPEC Secretary-General, Sanusi Bakindo The group reached the agreement at the 13th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconfer
The Organisation of Petroleum Exporting Countries (OPEC) and its allies, led by Russia, stand ready to adjust their plans for a gradual increase in oi
Global crude prices advanced on Thursday, but lost more than a fifth of their value in volatile trade in 2020, as lockdowns to combat the novel corona