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May 11, 2018Market Report: U.S. imposes new economic sanctions on Iran
U.S. President Donald Trump pulls out of nuclear deal and Treasury imposes new sanctions, Oil prices climb higher.
March 22, 2018South Sudan Responds to U.S. Oil Industry Restrictions
The Ministry of Petroleum responds to U.S. restrictions on oil tech imports implemented on March 21.
December 7, 2018Market Report: NNPC to increase consumption of LPG
NNPC has expressed commitment to exponentially grow the local consumption of the LPG.
December 5, 2018OPEC Meeting: Potential Outcomes
As OPEC gathers for one of its most watched meetings on Thursday, what are the possible outcomes?
December 4, 2018Namibia and Angola oil deal scrapped
Proposed talks to import crude oil from Angola have been terminated with no plans of resumption.
November 30, 2018Market Report: Oil prices fall below $50 a barrel
Oil prices fall below $50 for the first time in over a year amid persistent oversupply concerns.
November 26, 2018Market Report: NNPC sets funding plans for oil and gas industry
NNPC is devising new ways to attract more funding for operators in Nigeria’s oil and gas industry.
November 16, 2018Market Report: Oil prices continue to fall
NNPC commended Saudi Arabia’s recent decision to cut crude oil production by one million bpd.
November 12, 2018BP to boost presence in the Middle East
Oil major set to spend $1.8 billion in Egypt and $1billion in Abu Dhabi.
November 9, 2018Market report: Egina Field to boost Nigeria’s oil production
NNPC has signed a 6-month DSDP agreement with BP trading arm, BP Oil International.