Energy

Leading domestic gas distribution company, Shell Nigeria Gas (SNG), has signed a 20-year agreement for the domestic distribution of gas...

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organisation...

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries have agreed to increase crude oil production by 0.5 million...

The Organisation of Petroleum Exporting Countries (OPEC) sees plenty of downside risks for oil markets in the first half of...

A Nigerian firm, First Exploration and Production (First E&P), has struck oil from an oilfield it acquired following the divestment...

Some irate Rivers State youths have shut down the Afam Transmission Station, causing total blackout in Port Harcourt, the state...

The Minister of State for Power, Mr Goddy Agba, says the Federal Government plans to spend $2.3 billion on the...

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed a report that it spilled 45,000 barrels of oil...

Nigeria has saved $2 billion on Engineering Procurement and Construction (EPC) contract for Nigeria LNG Train 7 Project through the Nigerian Oil...

The Nigerian National Petroleum Corporation (NNPC) says the Ajaokuta Kaduna, Kano (AKK) gas pipeline project will inject 2.2 billion standard...

The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump price of Premium Motor Spirit...

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC allies, known as OPEC+, have agreed to extend the 10-million-barrel-per-day (mbd)...

The Nigerian National Petroleum Corporation (NNPC) has raised an alarm over prevalent low grade and contaminated AGO, otherwise called, diesel...

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Mohammad Barkindo, has attributed the stability in the global...

The Department of Petroleum Resources (DPR) said on Wednesday that Nigeria’s proven natural gas reserve had become 203.16trillion cubic feet...

Shareholders of Eland Oil & Gas Plc have given overwhelming backing to the £382 million takeover of the company by...

The Nigerian National Petroleum Corporation (NNPC) has challenged shareholders of the Nigeria Liquefied Natural Gas (NLNG) to work towards expanding...

Attacks on Saudi oil facilities have had no impact on Saudi Aramco’s position ahead of a planned partial stock market...

The Department of Petroleum Resources (DPR) has sealed eight erring fuel and gas stations in Ondo and Ekiti states over...

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said fossil fuel would remain...