NNPC targets 100% computerization of oil sales December 

By Omotilewa Quadri  The Nigerian National Petroleum Corporation (NNPC) says it hopes to attain 100 per…

FG to unveil oil, gas roadmap to address infrastructure deficits

Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday, said the Federal Government would…

South Sudan says oil sanctions will undermine search for peace

South Sudan said on Thursday that U.S. sanctions on 15 South Sudanese oil operators will work…

Oil hits nearly three-week high

Oil prices extended gains to hit their highest level in nearly three weeks on Monday supported by comments…

Nigeria expects $40bn oil projects in five years – Kachikwu

By Omotilewa Quadri The Minister of State for Petroleum Resources, Ibe Kachikwu, has sad that Nigeria…

Nigeria ready to provide leadership for Africa in oil, gas- Buhari

President Muhammadu Buhari has said Nigeria is open to investments and ready to provide leadership for…

Oil rises towards $65 on Saudi commitment to curb output, weak dollar

Oil rose towards $65 barrel on Thursday, supported by Saudi Arabia’s comment that it would rather…

Barkindo says Russia won’t flood market with oil

Russia has pledged not to abandon a deal with OPEC to keep a lid on oil…

‘Dry port is panacea to over-reliance on oil’

  The Executive Secretary of Nigeria Institute of Export Operations and Management (IEOM), Ofon Udofia, has…

Dry ports: Panacea to over-reliance on oil- Expert

The Executive Secretary of Nigeria Institute of Export Operations and Management (IEOM), Ofon Udofia, has said…

Oil falls on higher inventories, but January gains still strong

Oil prices fell for a third day on Wednesday after data that showed U.S. inventories rose…

Iran cites change in U.S. navy behavior in Gulf

An Iranian Revolutionary Guards commander said on Monday that U.S. vessels patrolling the Gulf had changed…