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Oil jumps more than 2%, but posts worst week since October
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    Oil jumps more than 2%, but posts worst week since October
    Oil

    Oil jumps more than 2%, but posts worst week since October

    March 21, 202101185

    Oil rose more than 2% in volatile trading on Friday after a sell-off earlier in the week erased about 7% from prices as a new wave of coronavirus infe

    EIA: OPEC+ Cuts to Lift Oil Prices through April
    Oil

    EIA: OPEC+ Cuts to Lift Oil Prices through April

    March 18, 202101244

    Oil prices will likely remain at the current high levels in March and April, with Brent Crude prices averaging between $65 and $70 per barrel, after t

    DPR Identifies Six Key Areas of Operational Excellence for Oil, Gas Industry
    Oil

    DPR Identifies Six Key Areas of Operational Excellence for O...

    March 18, 202101710

    Engr. Sarki Auwalu, Director, DPR …Generated N2trn for Nigeria in 2020 …FG committed to deregulation, says Sylva The Department of Petroleum Resources

    Italy Court Acquits Eni, Shell and all Defendants in Nigeria Graft Case
    Oil

    Italy Court Acquits Eni, Shell and all Defendants in Nigeria...

    March 17, 202101578

    A Milan court has acquitted energy groups Eni and Shell along with a series of past and present managers including Eni CEO Claudio Descalzi in the oil

    FEC Approves $1.5bn for Rehabilitation of Port Harcourt Refinery
    Oil

    FEC Approves $1.5bn for Rehabilitation of Port Harcourt Refi...

    March 17, 202102355

    Chief Timipre Sylva, Minister of State for Petroleum Resources The Federal Executive Council (FEC) has approved the sum of $1.5 billion for the rehabi

    Osinbajo says FG is Promoting Modular Refineries, New Vision for Niger Delta
    Oil

    Osinbajo says FG is Promoting Modular Refineries, New Vision...

    March 17, 202101459

    Professor Yemi Osinbajo, Vice President of Nigeria Vice President Yemi Osinbajo says the integration of artisanal and modular refinery operators into

    Oriental Energy donates Science Lab Complex to School in Akwa Ibom State
    Oil

    Oriental Energy donates Science Lab Complex to School in Akw...

    March 16, 202101486

    Oriental Energy Resources Limited, a leading indigenous oil exploration and Production Company in Nigeria, has donated a state-of-the-art Science Labo

    NNPC Pledges Support for Fight against Illicit Drugs
    Oil

    NNPC Pledges Support for Fight against Illicit Drugs

    March 16, 202101141

    NNPC GMD, Mallam Mele Kyari (right), presenting a commemorative plaque to the Chiarman/CEO, National Drug Law Enforcement Agency (NDLEA), Brig. Gen. B

    DPR Intensifies Surveillance of Retail Outlets
    Oil

    DPR Intensifies Surveillance of Retail Outlets

    March 16, 202101278

    The Department of Petroleum Resources says it has intensified surveillance of filling stations in Lagos State to ensure compliance with the approved p

    Nigeria’s Petroleum Industry Bill: A Missed Opportunity to Prepare for the Zero-Carbon Future
    Oil

    Nigeria’s Petroleum Industry Bill: A Missed Opportunity to P...

    March 16, 202101598

    With Nigeria’s National Assembly debating the proposed Petroleum Industry Bill (PIB) in the first quarter of 2021––after nearly two decades of attempt

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