Oil and Gas

June 3 (Reuters) - Some traders hoped a couple of Indian oil tenders could mop up oil to reduce a...

Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers...

With its current unit cost across all operating terrains averaging between $9 and $22 per barrel, the Nigerian National Petroleum...

The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast...

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...