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Again, oil dips as COVID-19 infections surge

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Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend in the...

Nigeria’s increase in petrol price hailed as ‘good move’

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The increase in the pump price of petrol by the Federal Government from N123.50k/litre to a price band of N140.80 to N143.80 on Wednesday...

Again, oil falls, as COVID-19 cases inch up

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Oil prices slid on Monday as sharp spikes in new coronavirus infections around the world forced some countries to resume partial lockdowns, raising concerns...

Pass PIB Now,Group tells NASS

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The Federal Government has been advised to pass the Petroleum Industry Bill (PIB) in good time,given the threat the novel Coronavirus poses to the...

Angola’s Energy Sector Opens Up Opportunities for Local Content

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Angola, Africa's second largest producer of oil, standing at 1.4 million barrels per day pre-COVID-19, has revealed that, in the face of the COVID-19...

NNPC GMD Focused on Ensuring Sufficient Fuel Supply, Says Wunti

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The Group General Manager, National Petroleum Investment Management Services (NAPIMS), Mr. Bala Wunti, has said the focus of the Group Managing Director of the...

NNPC refineries dormant for 3 months

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The three ailing refineries managed by the Nigerian National Petroleum Corporation (NNPC) have failed to process crude oil for three months now. Also, the...

Dangote Refinery Becomes World’s Largest Single-Train Refining Column

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Capt. Rajen Sachar, Head, Maritime and Ports Infrastructure of Dangote, told newsmen at the arrival of the equipment in Lagos that it was the...

India is Nigeria’s top oil customer

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India has taken over from the US as the largest importer of Nigerian oil, the West African state's national oil company has said. The US...
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