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Oil prices surged above $70 a barrel for the first time since the pandemic began after Saudi Arabia, the world’s top oil exporter, said its energy facilities had been attacked on Sunday, targeting “the security and stability” of global supplies. Brent crude futures for May hit $71.38 a barrel in early Asian trade, the highest since Jan. 8, 2020, and were at $70.56 a barrel by 08:30 WAT, up by $1.20, or 1.7 perc... Read more
The Managing Director and Chief Executive Officer of Nigeria Liquified Natural Gas (NLNG), Tony Attah has begged the Federal Gover...
A new 18-kilometre gas pipeline with a capacity of 150 million standard cubic feet per day of gas (mmscfd) that runs from Ibefun t...
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians that an increase in the petrol price will not be happenin...
The Shell Petroleum Development Company (SPDC) says it has positioned itself to meet the daily domestic gas demand, projecte...
Federal High court in Lagos has issued an injunction suspending Shell from withdrawing money until it budgets for the potential da...
The Organisation of Petroleum Exporting Countries (OPEC) says the global oil sector needs about US$ 12.6-trillion investment to en...
Former President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Peter Esele has called on ...
The Department of Petroleum Resources (DPR), has issued a warning to depot owners against hoarding of petroleum products in their ...
