Oil & Gas

Okowa: How oil facilities can be best protected

Jethro Ibileke/Warri Delta State governor, Ifeayin Okowa, has called for creative and enduring strategies that…

NNPC/Chevron win Reuters/PFI 2015 Oil Deal Award

     The Joint Finance Team of the Nigerian National Petroleum Corporation, NNPC and its…

As oil wobbles, OPEC split over emergency meeting

The United Arab Emirates moved to quash talk of a potential emergency meeting of the…

$10 per barrel oil not far away: Analysts

Crude oil prices fell below $31 today,  levels not seen in over a decade. The…

OPEC members request emergency meeting, says Kachikwu

Dr Ibe Kachikwu, Nigeria's oil minister said on Tuesday that a "couple" of members of…

Kachikwu: Rogue fuel stations, depots to be shut for 3 months

Minister of state for petroleum, Dr Ibe Kachikwu says any depot or filling station found selling…

CBN governor assures Dangote refinery of forex

The Central Bank of Nigeria (CBN) has said that it would assist the Dangote Group…

All Nigeria’s refineries back in production, says NNPC

Several of Nigeria's struggling oil refineries are back in production and making enough gasoline to…

Buhari: Inter-ministerial panel afoot to fasttrack NNPC reforms

President Muhammadu Buhari said Tuesday in Abuja that an inter-ministerial committee will soon be established…

$20 oil barrel could happen in weeks, says merger-seeking Shell

The finance boss of  Anglo Dutch Shell  has warned the price of oil could fall…