Energy

The Nigerian National Petroleum Corporation, NNPC, has secured $2billion discounts in the last one year from renegotiated Upstream contracts being...

Diesel retail prices nationwide are falling and the Nigerian National Petroleum Corporation (NNPC) has attributed the continuous slide  to its...

Nigeria’s state-owned oil company said it signed a deal with Schlumberger Ltd. to provide $700 million for the development of two oil...

OPEC OPEC oil output has risen in June by 280,000 barrels per day (bpd) to a 2017 high, a Reuters...

NNPC said on Thursday it had agreed a joint venture to cover the more than $700 million cost of developing...

OPEC OPEC may need to make deeper supply cuts to rebalance the oil market as booming production from Libya and Nigeria...

Oshiomhole The former Edo State Governor, Adams Oshiomole on Thursday called for the diversification of the oil and gas sector...

Oil prices Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight session after...

Niger Delta militants A militant group in Nigeria's oil-rich southern Niger Delta on Wednesday withdrew its threat to launch attacks...

Nigerian differentials remained under pressure on Wednesday owing to an oversupply of light, sweet crude in the market. * Shell...