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Natural Gas Export Sales Fetched $38.56m In May 2021 – NNPC

The Nigerian National Petroleum Corporation (NNPC ) has announced that natural gas production in the country increased by 6.19 per cent at 222.23 billion...

Just In! Buhari Orders Incorporation Of NNPC Ltd, Appoints Board [List]

President Muhammadu Buhari has ordered the incorporation of the Nigerian National Petroleum Company (NNPC) Limited. The president on Sunday also appointed members of the management...

Dangote Seeks More Financing For Refinery As Cost Hits $19bn

Africa's richest man, Aliko Dangote is reportedly in talks with some financial institutions to secure a loan facility to finance the giant oil refinery...

Why Bank Of America Thinks Oil Prices Are Heading To $100

Oil prices could hit $100 per barrel over the next six months if we have a colder-than-usual winter, which could be the most important driver...

Lukoil: OPEC+ Aims To Keep Oil Price In The $65-75 Range

The OPEC+ alliance looks to keep oil prices in the range between $65 and $75 per barrel, and this is a comfortable price for consumers, Vagit...

Oil Prices Slide Despite Supply Disruption

Oil prices fell on Tuesday morning as fears grew that Asian demand would not recover as quickly as originally expected. Supply disruptions from Hurricane Ida...

Key Oil-Producing State In Nigeria Could Return To COVID Lockdown

The gateway to the oil-rich Delta region in Nigeria could soon find itself under a renewed lockdown to battle rising COVID cases, the governor...

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