The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10

Oil prices rose on Tuesday, supported by signs that producers are following through on commitments to cut supplies and as fuel demand

Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of a

OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current crisis,

The federal government has shed more light on what it described yesterday as the full deregulation of the downstream petroleum sector,

Nigeria LNG Limited (NLNG) has signed the engineering, procurement and construction (EPC) contracts for its Train 7 Project with the

Nigerians consumed about 1. 2 billion litres of petrol in January, with a daily utilisation rate of 38.6 million, a report by the

Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia

The federal government will offer marginal oil fields for auction this year despite the crash in crude oil prices, Mele Kyari, the

Oil prices fell on Wednesday, ending a multi-day streak of gains, as investors focused on oversupply risks after U.S. crude