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Enhanced Capacity: Nigeria leads Africa’s refining revolution

The resuscitation of Nigeria’s under-performing refineries is a Key Performance Indicator for the current administration of the Nigerian National Petroleum...

NNPC rolls-out high performance engine oils

Following the unveiling of its range of lubricants late last year, the NNPC Retail Ltd, one of the Downstream subsidiaries of the...

NNPC to deploy HDD technology to check pipeline vandalism

Irked by the increasing cases of pipeline vandalism across Nigeria, the state owned oil company has confirmed it is ready to deploy...

NLNG signs 20-year Gas Supply Agreement (GSA)

Seeking to sustain and improve on Nigeria's place as the world fourth largest supplier of Liqufied Natural Gas (LNG), the Nigerian Liquefied...

Crude oil will remain primary source of energy

Despite the predicted global crude oil decline, the Nigerian National Petroleum Corporation (NNPC) has insisted that oil and gas will remain relevant...

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Nigeria joins oil war, makes brutal price cuts

…Selling barrels at record discounts to Brent…Traders see lackluster buying, weak demand from refiners Nigeria opened a new front...

Oil slips as OPEC-Texas agreement looks less likely

Oil dropped toward the lowest level since 2003 as prospects for a deal between OPEC and Texas to limit production appeared to...

Oxy nears truce with Icahn, adding new directors to its board

Activist investor Carl Icahn is nearing a truce with Occidental Petroleum Corp. that will see three new directors appointed to the oil...

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