Despite competition from US grades, Asian tenders continued to mop up some of the overhang of Nigerian crude from June. Indonesia’s Pertamina took Nigerian Agbami...

With the current price of Brent crude oil at N75 per barrel during the trading hours of Monday, Nigeria is losing about N2.7 billion...

Volumes of gas supplied daily by the Nigerian National Petroleum Corporation to gas-based power generation plants in Nigeria between January 2017 and January 2018,...

Loading delays at Nigeria's Forcados terminal have pushed above two weeks, according to market sources, with no official new loading program for June or...

The Department of Petroleum Resources, DPR, yesterday, sealed 19 gas outlets in Ofada, Abeokuta, Isheri-Olofin Sango, Epe, Mowe and Magboro areas of Ogun State...

Secretary-general of the Organization of Petroleum Exporting Countries Mohammad Sanusi Barkindo, has stressed the importance of dialogue and cooperation between oil industry's stakeholders in...

Strong indications emerged at the weekend that Nigerians may pay more for fuel and other goods imported into the country after shipping companies including...

Russia's Rosneft signed a deal with the Ghana National Petroleum Corporation for an annual delivery of 1.7 million tons of LNG. The volumes will...

The downstream of the Nigerian oil and gas sector imported N812 billion of Premium Motor Spirit during the first quarter of 2018, according to...