Oil and Gas

Seplat Petroleum Development Company Plc on Tuesday announced that it has agreed to buy Eland Oil & Gas Plc. The...

By Business a.m. Staff The drive towards transparency by the management of the Nigerian National Petroleum Corporation (NNPC) is being...

By Tola Akinmutimi, in Abuja The senate in Nigeria began deliberations Tuesday on the proposed amendments of the provisions of...

The Nigerian government says it is determined to continue to extract over 35,000 barrels per day of crude oil output...

Governor Nyesom Wike has announced Rivers State Government’s acquisition of Shell Petroleum Development Company (SPDC) 45 percent operating stakes in oil mining...

By Samson Echenim   Nigeria is expected to drive new-build crude distillation unit (CDU) capacity growth in the global refinery industry...

The National Bureau of Statistics said 5.61 billion litres of premium motor spirit (PMS) were imported into the country in...

THE FEDERAL GOVERNMENT has approved the statements of qualification (SOQs) evaluation report presented by the inter-ministerial committee of the Nigerian...

Oil futures edged up on Friday as U.S. Gulf of Mexico crude output was halved by disruptions caused by a...

The Major Oil Marketers Association of Nigeria has said its members are not getting foreign exchange at N305 to a...