Oil industry losing investments to non-passage of PIB – Okowa
Gov. Ifeanyi Okowa of Delta, on Monday, said the nation’s oil industry…
FG welcomes rising crude oil price – Minister
The Federal Government has described as a welcome development the rising price…
FG to reactivate moribund oil, gas support facilities – DPR
Mr Sarki Auwalu, Director, Department of Petroleum Resources (DPR), says the Federal…
Nigeria on course to end gas flaring by 2025 — Minister
The Minister of State for Petroleum Resources, Mr Timipre Sylva says Nigeria…
FG inaugurates crude oil cost optimisation programme
The Federal Government has inaugurated the Nigerian Upstream Cost optimisation Programme (NUCOP)…
Oil falls on COVID-19-induced demand worries, stronger dollar
Oil fell on Thursday on fresh fuel demand worries because of travel…
Oil & gas will still supply over 50% of world energy needs by 2045 – OPEC
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr…
Improved crude oil prices shoot Nigeria’s external reserve to 36.23bn
The CBN says Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in…
CBN appoints pre-shipment inspection, monitoring evaluation agents for non-oil exports
The Central Bank of Nigeria (CBN) on Tuesday announced the appointment of…
Oil prices fall on demand concerns
Oil prices edged lower on Monday as climbing Coronavirus cases and tighter…