Traders have not been this bearish on oil in months or so bullish on United States natural gas in years. The latest data on money managers’...
Renaissance Africa Energy Holdings says it has successfully completed the acquisition of 100 percent equity holding in the Shell Petroleum Development Company of Nigeria (SPDC). Spokesperson...
The Federal Government has cautioned oil-rich communities against infighting and disruption of oil production, saying it could hinder their access to the Host Community Development Fund....
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reiterated the federal government’s commitment to increase investments in the Nigerian oil and gas...
Nigerian Electricity Regulatory Commission (NERC) has transferred the regulatory oversight of the electricity market in Plateau State to the Plateau State Electricity Regulatory Commission (PSERC). NERC,...
The Independent Petroleum Marketers of Nigeria (IPMAN) has said the price war between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Petroleum is affecting its...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has alleged that members of the union working in Sterling Oil Exploration company have been...
The Federal Government and key Petroleum Products marketers have proposed new measures to help curb rising cases of road accidents involving petrol tankers. This followed recent...
The Chairman, National Gas Expansion Programme (NGEP), Prof. Mohammed Ibrahim, has said that the production of coal bed methane, an unconventional form of natural gas extracted...
The Nigeria National Petroleum Company Limited (NNPCL) has said there was no explosion at the newly refurbished Warri Refining and Petrochemical Company (WRPC). NNPCL’s Chief Corporate...