Edo State Government has signed an agreement with a Chinese firm, Peiyang Chemical Equipment Co. Limited (PCC) to build a modular refinery in the...

An unconfirmed number of persons are feared to have died when a petrol station caught fire in Lafia, the Nasarawa State capital, on Monday. The...

The Bank of Industry has signed a memorandum of understanding with the Export-Import Bank of China for the provision of a $500m facility towards...

The commercial viability of over 500 million barrels of crude oil reserves stranded in the Nigeria–São Tomé and Príncipe Joint Development Zone (JDZ) has...

Nigeria’s minister of State for Petroleum Resources, Ibe Kachikwu, has said that Brent crude oil price below a $65 mark will be rough for...

BP bid for many cargoes of four Nigerian grades in the window on Thursday at the same level for a third consecutive session. Separately,...

The Department of Weights and Measures, Federal Ministry of Industry, Trade and Investment, has sealed Seven petrol stations in Warri and Asaba in Delta,...

An OPEC and non-OPEC technical committee will next week discuss proposals for sharing out an oil-output increase, a tense topic for the producer group...

The Department of Petroleum Resources (DPR) says it will soon start to prosecute defaulting petrol stations and Liquefied Petroleum Gas (LPG) retailers in Ogun. The...