UK Prime Minister Theresa May said Wednesday the UK was "looking to other countries" for gas supply due to deteriorating relations with Russia triggered...
Read MoreNigeria’s Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have granted a $270 million loan to independent Nigerian oil and gas producer...
Read MoreThe Minister of State for Petroleum Resources, Ibe Kachikwu, has said that contrary to expectations in certain quarters, the proposed modular refineries in the...
Read MoreThe Nigerian Ports Authority (NPA) said on Tuesday that nine ships laden with various products, including petrol, are at the Lagos ports waiting to...
Read MoreMonths of confidence that global demand growth in 2018 will amply absorb any increases in non-OPEC supply appear to have finally eroded, with OPEC's...
Read MoreThe National Bureau of Statistics has said that the average price per litre paid by consumers for Premium Motor Spirit (Petrol) decreased by 9.6...
Read MoreThe debate over how to price natural gas is settled, at least for exporters, and oil-indexing should prevail, Bloomberg reports. Prices have to be linked...
Read MoreAn official at state oil company NNPC said in a presentation to the African Refiners Association (ARA) that Nigeria will begin cutting the sulphur...
Read MoreAs part of the efforts to curtail the recurring fuel scarcity and its attendant hike in price, the Department of Petroleum Resources (DPR), has...
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