Some November cargoes of Nigerian crude were still on offer on Thursday but sellers stayed generally on the sidelines as they awaited a significant...

The Federal Government has commenced the process of paying oil marketers the arrears it owes the marketers. A statement from the Debt Management Office (DMO)...

The Kaduna Refining and Petrochemical Company, one of the country’s crude oil refineries being managed by the Nigerian National Petroleum Corporation, has remained dormant....

OPEC has become an indispensable ‘organ of stability’ in the oil market, Mohammad Sanusi Barkindo, OPEC Secretary General said at the Algeria Future Energy...

International oil companies operating in the country and other producers left a total of 101 oilfields idle as of December 2017 as a result...

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikati Baru, has charged members of the Nigerian Association of Petroleum...

A consortium led by Vitol and comprising Africa Oil (25%), Delonex (25%) and Vitol (50%), has entered into a Share Purchase Agreement ('SPA') to...

The Ministry of Petroleum of Niger to Grant Blocks R5, R6, Dibella and Dallol to Oranto; The blocks are located in the Agadem Rift...

The House of Representatives Committee on Petroleum (Downstream) yesterday summoned the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, over alleged...