Concerned Nigerians have warned of a plot to disrupt crude oil supply to local refineries, causing fuel shortages. They urged ...

OMCs are businesses involved in the marketing and distribution of petroleum products such as crude oil, gasoline, diesel, ...

What is WTI Oil? WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude ...

Consequent upon the Division Bench judgment, the Ministry of Petroleum and Natural Gas has raised a demand of USD 2.81 ...

However, while this may be a difficult task, he explained that proactive collaboration with industry operators and contractors can help mitigate risks ...

In a series of posts on X, the petroleum minister shared pictures of his visit to Ayodhya in Uttar Pradesh on Monday, in ...

Following successful negotiations with the federal government, the petroleum dealers association has called off its planned strike on March 4.Petroleum Minister Dr. Musadik Malik met with association ...

Former Governor Sardar Mehtab Khan Abbasi has stated that improving the country's economic situation requires creating more employment opportunities.Speaking at the inauguration ceremony of the Lucky ...

The Delhi High Court has overturned a previous tribunal ruling in the ONGC gas migration dispute, leading the Ministry of ...

Adnoc and OMV will create Borouge Group International through an all-share combination of Borouge and Borealis, the companies said Tuesday. OMV will inject 1.6 billion euros ($1.68 billion) in cash ...

The increase is the first since 2022 from OPEC+, which includes the Organization of the Petroleum Exporting Countries, plus Russia and other allies. Oil was trading 2% lower towards $71 a barrel at 19 ...

Nigerians should brace for more fuel price reductions as the Nigerian National Petroleum Company Limited (NNPCL) and Dangote ...