The Governor of the Central Bank of Nigeria of Nigeria, Mr Godwin Emefiele has said that the country achieved about…
Browsing: Oil
EFCC spokesperson, Wilson Uwujaren, has announced that it has in its custody, a suspect caught with illegally refined petroleum products…
The Nigerian Export Promotion Council (NEPC) has begun a review of its Zero Oil Plan (ZOP) as part of the…
The Federal Government, yesterday, showed great prowess to end the ongoing marginal bid round, which already had already seen the…
The exchange rate between the naira and the US dollar closed at N415.1/$1 at the official Investors and Exporters (I&E)…
Confirming records low production and inability of the country to meet its crude oil quota, the latest monthly report of…
The Federal Government, through the recently established Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday, said it would become mandatory for…
The federal government says it has removed three oil sector agencies as required under the new petroleum law. Under the…
Nigeria’s oil production sky rocketed marginally in September to an average of 1.25 million barrels per day from 1.24 million…
OPEC in its new report said that the global demand for crude oil in the current year is expected to…
It has been discovered that the price of Engine oil also known as lubricant has skyrocketed by over 70% between…
The Brent oil futures, approaching the $80 mark amid supply concerns as parts of the world sees demand pick up…
The revenue showed that N2.1 billion was generated in January, while February, March, April and May had N1.45 billion, N4.39…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says COVID-19 had helped to reduce the cost of crude…
The prices of crude oil plummeted more than 1 per cent on Monday for a third session, after official data…
The Nigerian Association of Petroleum Explorationists (NAPE) has expressed confidence that the future of oil and gas exploration is bright…
Projected to hit $53 trillion by 2025, the global Environmental Social and Governance (ESG) assets can provide leeway for most…
The Organization of the Petroleum Exporting Countries (OPEC) rose from its 19th virtual meeting with members and non-OPEC members (ONOMM)…
The international oil benchmark, Brent crude, pared some of its recent gains on Tuesday, after the Organisation of the Petroleum…
Victor Bamidele, Deputy Managing Director, Deep water District, Total Energies, says the company has invested over 60 billion dollars in…