The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, Thursday advised Zainab Ahmed, Nigeria’s new Finance Minister to ensure the federal...

Nigerian crude was offered a touch lower on Thursday, under pressure from the persistent overhang of unsold cargoes, although this surplus could soon clear,...

The Nigerian National Petroleum Corporation (NNPC) Friday in Abuja reported an oil pipeline fire outbreak along the Osisioma axis near Aba Depot in its...

A flourishing global black market exists with about US$133 billion worth of fuels stolen or adulterated every year. These practices fund dangerous non-state actors...

Except urgent steps are taken, Nigeria may record a major revenue loss in the oil sector following a 2008 Rivers State High Court judgment...

U.S. President Donald Trump is redirecting global oil flows. West African and Latin American producers are sending ever-growing volumes of crude to China. America’s...

Savannah Petroleum, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, has provided an update on...

The landing cost of the Premium Motor Spirit (petrol) being imported into the country has risen to at least N205 per litre on the...

The Department of Petroleum Resources (DPR) yesterday announced plans to produce about 800 Billion Cubic Feet (BUF) per day from the flared sites in...