OPEC said on Wednesday its oil production jumped in June and forecast world demand for its crude will decline next...
Read moreDetailsThe Nigerian National Petroleum Corporation (NNPC) has pledged that despite challenges in the downstream petroleum sector, petroleum products would continue...
Read moreDetailsOPEC OPEC oil output has risen in June by more than 300,000 barrels per day, (bpd) according to figures the...
Read moreDetailsOil traded near the lowest closing price in two weeks, erasing earlier gains after an OPEC minister said Libya and...
Read moreDetailsLibya and Nigeria, which have both boosted oil production since they were exempt from global cuts this year, may be...
Read moreDetailsThe Nigeria Liquefied Natural Gas (NLNG) has reiterated its commitment to sustained supply of cooking gas to the local market,...
Read moreDetailsNigerian crude for August loading is proving slow to find buyers amid rising supply, oil trading sources said on Wednesday,...
Read moreDetailsNigeria's state oil company has saved $2 billion in the past year by renegotiating its upstream servicing contracts, it said...
Read moreDetailsThe Nigerian National Petroleum Corporation, NNPC, has secured $2billion discounts in the last one year from renegotiated Upstream contracts being...
Read moreDetailsDiesel retail prices nationwide are falling and the Nigerian National Petroleum Corporation (NNPC) has attributed the continuous slide to its...
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