Oil prices fell to $59 on Thursday after a meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies took no decision on deepening...
OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted...
A U.S. judge on Wednesday rejected Exxon Mobil Corp’s and Royal Dutch Shell Plc’s effort to revive a $1.8 billion arbitration award against Nigeria’s state-run oil...
Oil prices rose more than 4% on Wednesday, boosted by a wider market pickup on positive news from China, after three days of losses due to...
The Nigerian National Petroleum Corporation (NNPC) on Wednesday said that it had recorded a total of 45,347 pipeline breaks on its downstream network between 2001 and...
Mr Roland Ewubare, Chief Operating Officer, Upstream, Nigerian National Petroleum Corporation (NNPC), says the redeployment in the corporation’s upstream subsidiary is in line with efforts to...
By Yusuf Mohammed Looking through the recently released 2019 half-year report of SEPLAT Petroleum Development Company, one would see a very notable development: gas is increasingly...
Malam Mele Kyari, the Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC) says the corporation has begun repair of its damaged Abura Crude Trunk line...
Brent oil rose on Thursday, withstanding pressure from concerns about economic growth, while a sharp fall in U.S. inventories boosted West Texas Intermediate (WTI) crude futures....
