Browsing: Oil and Gas

The Federal Government recorded a deficit of $11 billion (N3.3 trillion using the official exchange rate of $305 per dollar)…

The Nigerian National Petroleum Corporation (NNPC) says it will resume oil prospecting in the Lake Chad Basin of Borno state.…

Oando, a Nigerian oil firm has said on Monday it was in talks to work with Italian energy company Eni…

Oil prices began the week on a positive note, as Saudi Arabia and Russia, the world’s largest producers, agreed to…

The Department of State Security on Friday failed to produce business man Ifeanyi Ubah before the Federal High Court Sitting…

Nigerian workers at US oil major Exxon Mobil Corp have gone on strike in protest over the sacking of workers,…

Ifeanyi Ubah, the chairman of Capital Oil and Gas Limited has been arrested by the Department of State Services. The…

The 2019 target set by the Nigerian National Petroleum Corporation to exit importation of Premium Motor Spirit (PMS) is still…

Nigeria National Petroleum Corporation (NNPC), supplies the “most reliable and cheapest power’’ to Nigerians, Dr Maikanti Baru, the corporation’s Group…

The Department of Petroleum Resources (DPR) said that Nigeria, the ninth largest gas producing nation in the world, lost over…