Nigeria’s state oil company, the Nigerian National Petroleum Corporation (NNPC), could allow private investors to install two refineries on two of its sites, it...

Seplat Petroleum’s oil and gas production experienced a slight reduction from first quarter to second quarter 2018, largely due to leakages in the Trans...

Activities leading to the proper take off of the $2.8bn Ajaokuta-Kano pipeline project are in top gear as a new financial arrangement has been...

Gloomy months lie ahead of Nigeria and other crude oil exporters as OPEC on Monday forecast lower demand for crude next year. The forecast...

A brownfield refinery with a production capacity of 100,000 barrels per day (bd) and formerly owned by BP Plc is expected to be relocated...

Oil production from the Organization of Petroleum Exporting Countries (OPEC) rose in July, despite supply shortfalls from Libya, Iran and Saudi Arabia, while rising...

A former Minister of State for Petroleum Resources, Odein Ajumogobia, last week raised the alarm over the increasing rate of oil and gas consumption...

Indications emerged at the weekend that the Federal Government has finally succumbed to stakeholders’ pressure by removing Value Added Tax (VAT) on Liquefied Petroleum...

Three Original Refineries Builders (ORBs) who built the existing 445,000 barrels a day (bd) combined capacity refineries of the Nigerian National Petroleum Corporation (NNPC)...