Category: Oil and Gas

Nigeria, E/Guinea seek new oil, gas opportunities

The governments of Nigeria and the Republic of Equatorial Guinea yesterday discussed the creation of...

Petroleum tanker drivers enemy to subsidy removal — IPMAN

The Independent Petroleum Marketers Association of Nigeria has urged the Federal Government to prevail upon...

Brent crude hits $80.41 per barrel, highest since May 2023

Brent crude has reached a price of over $80.41 per barrel for the first time...

Oil and Gas will guarantee Nigeria’s energy security – FG

The Federal Government has noted that oil and gas would continue to guarantee energy security...

Delta security personnel seize large vessel with stolen crude oil

The pipeline surveillance security company, Tantita Security Services Limited has intercepted a large vessel called “MT Tura...

Eastline Energy sues Conoil over $774,789 debt

Eastline Energy Resources Limited, an oil and gas servicing firm based in Port Harcourt, has filed...

Brent declines amid slow economy

US crude oil rose around 3% on Wednesday, closing the price gap with global benchmark...

Oil sector deregulation will create more jobs – NOA

The National Orientation Agency has stated that the liberalization of the petroleum industry’s downstream sector will...

Russia to reduce oil exports by 500,000 BPD in August – Report

Russia’s top energy official declared on Monday that the country will voluntarily reduce oil exports by...

NNPCL, marketers fuel vessels to arrive next week – IPMAN

    Large shipments of Premium Motor Spirit, often known as petrol, will be imported...

IPMAN debunks plan to raise petrol price to N700/litre

The Independent Petroleum Marketers Association of Nigeria has refuted the association’s purported proposal to raise the...

Oil prices surge as Saudi Arabia prepares to cut output

Saudi Arabia has announced a significant cut of one million barrels per day in its...