Oil and Gas

The federal government says it is considering adjusting further, the benchmark crude oil price in the 2020 budget down to...

The Nigerian National Petroleum Corporation (NNPC) on Wednesday announced a 17.94 per cent reduction in the ‘ex-depot’ price of petrol....

The price of US oil has turned negative for the first time in history. That means oil producers are paying...

The sharp drop in the price of crude oil appear to have temporarily halted the federal government’s expenditure on petrol...

INTERNATIONAL - Oil prices rose to their highest in more than week on Monday after two large crude production bases in...

The Nigerian National Petroleum Corporation (NNPC) is collaborating with the security agencies, states as well and community leaders to check...

…Accuses oil firm, NOSDRA of shortchanging villagers; SPDC denies allegation INDIGENES of seaside settlement of Aghoro I, Ekeremor Local Government...

The amount spent as subsidy on petrol increased from N2.87bn in November 2018 to about N60.37bn in November 2019, representing...

Group Managing Director, Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said that exploration in the frontier basins is crucial...