According to information released by the Nigerian National Petroleum Company Limited, 63 more illicit refineries were found and taken over in the last week. A documentary...
On Sunday, Egypt’s Ministry of Petroleum and Mineral Resources inked two $340 million deals with multinational corporations to increase Mediterranean and Gulf of Suez oil and...
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s crude oil production rose to 1.418mbpd in December 2023. Nigeria’s crude oil output grew by...
Nigeria’s oil earnings increased by over N273.8bn in September 2023 following the rise in crude oil production by operators in the sector. The development was revealed...
Libya’s National Oil Corp (NOC) announced on Sunday it had signed a contract with Honeywell (HON.O) for engineering work on its planned South Refinery project, which...
With continued scarcity of Premium Motor Spirit (PMS) in Nigeria, the Vice President, Professor Yemi Osinbajo yesterday summoned the Group Managing Director (GMD) of the Nigerian National...
Saboteurs attacked oil installations belonging to Libya’s National Oil Company (NOC) on Sunday forcing the suspension of oil production from two major fields. The Chairman of...