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The Federal Government on Thursday reiterated its commitment to reposition the gas sector for effective service delivery. Vice President Yemi Osinbajo made this known while...
Chief Timipre Sylva, Minister of State for Petroleum Resources, has inaugurated the governing boards of the new entities comprising the regulatory framework for the oil and...
President Muhammadu Buhari has directed that the Nigerian National Petroleum Company Limited be incorporated. He also approved the appointment of the Board and Management of the...
Dangote Refinery has announced a partnership with the Nigerian Content Development and Monitoring Board (NCDMB) on the promotion of research and development in Nigeria’s oil and...
The National Emergency Management Agency (NEMA) has restricted movement around Ikotun and Igando areas of Lagos State, following a spillage of petrol from a ruptured pipeline...
The international oil benchmark, Brent crude, jumped on Monday, snapping a seven-day losing streak that was crude’s worst since 2019, as the dollar pulled back and...
President Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act by approving a steering committee to oversee the process. A statement issued on...
President Muhammadu Buhari has lamented a loss of $50bn worth of investments in the petroleum industry since 2011 due to the absence of the Petroleum Industry...
The latest shakeup that led to the redeployments promotion and sacking of some senior management workers at the Nigerian National Petroleum Corporation was in preparation for...
By Gwen C. Onyebuchi Since 2009, the North-East region of Nigeria has been ravaged by the Boko Haram insurgency which has resulted in the loss of...
