Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing...
The Department of Petroleum Resources (DPR) says it is currently working toward reducing barriers to entry, regulatory transaction cost to help create conducive business environment. Mr....
The Organisation of the Petroleum Exporting Countries (OPEC) and the non-member countries of the organisation (OPEC+) on Tuesday signed a draft `Charter of Cooperation’ in a...
The Group Managing Director of the Nigerian National petroleum Corporation (NNPC), Dr Maikanti Baru says the corporation remains the largest supplier of gas to the nation’s...
President Muhammadu Buhari has appointed Ahmad Shakur as the acting director general of the Department of Petroleum Resources (DPR). According to a statement released on Friday,...
Oil jumped more than 3% to above $63 a barrel on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation...
President Muhammadu Buhari has announced the appointment of Mr. Mele Kolo Kyari as new Group Managing Director for the Nigerian National Petroleum Corporation (NNPC) with effect...
Billionaire businessman, Femi Otedola has disclosed that sale of his chaired company, Forte Oil Plc, has been completed. Otedola had announced last year his plan to...
Oil prices steadied on Tuesday, caught between rising tensions in the Middle East and signs that economic growth is being hit by trade tensions between the...
