Nigeria’s crude oil export revenues slumped by as much as 98 percent from March to April this year because of movements in the price of gasoline, the
The Department of Petroleum Resources (DPR) has given letters to the following companies as winners of the marginal oil field. These include North Oil
OPEC and its non-OPEC partners agreed on Tuesday to gradually ease production cuts with return of 2 million barrels a day (mb/d) of the adjustments t
…To Safeguard National Energy Security The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation
Oil prices firmed on Monday, with Brent trading near $70 a barrel on growing optimism that fuel demand will grow in the next quarter, while investors
OPEC oil output has risen in May as the group agreed to ease supply curbs under a pact with allies, a Reuters survey showed, although a drop in Irania
BP (BP.L) and Eni (ENI.MI) collaborate and talk over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus t
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 2 again this week, bringing the total rig count
Funmi Ogbue, Managing Director, Jake Riley Following successful completion of the Nigeria Oil and Gas Opportunity Fair (NOGOF) 2021 the event consulti
“Nigeria maintained 1.426 million bpd OPEC production cut in 1Q21. The overall NNPC crude oil sale valued at N267.59bn (export & domestic crude) in Fe