Nigeria’s oil output has slumped to a 22-year low, figures showed on Tuesday, because of pipeline sabotage and increasing unrest that has seen major companies evacuate...
The Federal Government on Wednesday officially ended the subsidy regime on premium motor spirit, popularly known as petrol, and will allow market forces determine the cost...
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) on Wednesday said it has declared force majeure on Bonny Light exports effective 12:00hrs Nigerian Time, 10th...
Shell said on Monday that oil output was continuing at its oil fields in the country despite reports of a militant attack near its Bonga facilities.
The Nigerian National Petroleum Corporation (NNPC) has paid the sum of N69.544 billion into the Federation Account in March.
Oil hit its highest level on Wednesday, driven by a falling dollar and evidence of declining U.S. supply, putting the price on course for its strongest...
The Minister of State for Petroleum, Dr Ibe Kachikwu, said on Saturday that the Federal Government needed 700 million dollars to upgrade its refineries to produce...
Dr. Ibe Kachikwu, Minister of State for Petroleum Resources on Saturday dismissed rumour that the Federal Government is considering the sale of the country’s refineries to...
The Petroleum Technology Association of Nigeria (PETAN), a foremost association of indigenous service companies has commended the pioneering role of Shell in the development of Nigerian...
The management of Ikeja Electric on Tuesday condemned the picketing of its facilities by Labour Unions, warning that consumers living within its network could experience long...
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