NGE expresses confidence in Kyari’s ability to lead NNPC
The Nigerian Guild of Editors (NGE) has expressed optimism in the ability of the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam
Category : Oil
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
Why Oil News?
Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.
DPR seals 9 petrol stations, 2 gas plants in Warri, environs
The Department of Petroleum Resources (DPR) has sealed nine petrol stations and two gas plants in Warri and environs for under-dispensing and operating without business
NNPC signs $3.15bn financing for OML 13
The Nigerian National Petroleum Corporation (NNPC) says it has signed a 3.15 billion dollars Financing and Technical Services Agreement between Sterling Oil Exploration and other
DPR seals 3 petrol stations in Bayelsa over expired licences
The Department of Petroleum Resources (DPR) in Bayelsa has sealed two petrol stations and a Liquefied Petroleum Gas (LPG) filling station in Yenagoa for various
IPMAN tasks stakeholders on oil bunkering, pipeline vandalism
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged stakeholders in the petroleum downstream to join hands in the fight against bunkering and pipeline
China, Abu Dhabi firms sign pact on exploration, oil refining, LNG trade
China National Offshore Oil Co (CNOOC) signed a memorandum of understanding (MOU) with Abu Dhabi National Oil Co (ADNOC) on upstream exploration and development, state-backed
Zimbabwe increases fuel prices second time in a week
Zimbabwe hiked fuel prices on Monday for the second time in a week but most pumps remained dry, with no end in sight to shortages
NNPC records N6.33b trade surplus in May -Report
The Nigerian National Petroleum Corporation (NNPC) said it recorded a trade surplus of N6.33 billon for the month of May, 13 per cent higher than
2 missing in central China’s gas factory blast
Two persons are missing after an explosion at a gas plant workshop in the city of Yima in the Henan Province of China on Friday,
