Oil prices rise Brent crude was on track for its third weekly gain on Friday, supported by an optimistic report from the International Energy Agency. Still,...
The National Union of Petroleum and Natural Gas Workers (NUPENG) has condemned militants who blew up pipelines in the Niger Delta. The leadership of the...
The Department of Petroleum Resources (DPR) in charge of Akwa Ibom and Cross River states has sealed 43 filling stations in the two states for engaging...
The Department of Petroleum Resources (DPR) has said that henceforth, any oil marketer caught manipulating the pump price of fuel will be fined one million naira...
Oil prices rose on Wednesday as positive Chinese trade data and an unexpected draw in weekly U.S. crude oil inventories gave investors reasons to buy crude...
The piece of legislation seeking to remove petroleum products from the list of regulated commodities will soon be considered on the floor of the House of...
Crude oil steadied near $32 per barrel on Tuesday thereby recovering slightly as investors booked profits. Prices are down around 15 percent since the start of...
The Director of the Department of Petroleum Resources (DPR), Mr Mordecai Ladan, said on Friday that Nigeria would need about two billion dollars (N3.9 trillion) annually...
The Federal Government says the clean-up of Ogoniland impacted by oil spill would commence in the first quarter of 2016. Dr Peter Idabor, the Director General...
