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25 January 2015, News Wires – Brent crude was buoyed on Friday by market uncertainty over the future of Saudi oil output, while US crude fell on more signs of oversupply. Saudi Arabia’s new king, Salman, who took the throne on Friday morning after the death of his brother Abdullah, is expected...

25 January 2015, Lagos – The President of the Petroleum and Natural Gas Senior Staff Association, Comrade Francis Johnson, says oil companies in...

25 January 2015, Lagos – As crude oil prices continued to hover below $50 per barrel at the international market last week, prompting the cut in...

24 January 2015, Abuja – As competition for crude oil and investments in Africa grows amid the plunge in global oil prices, the time it takes for...

24 January 2015, Abuja – The Federal Government, Friday, flagged off the sale of kerosene at the pump price of N50 per litre under the Kero-Direct–Scheme,...

Petroleum tanker 24 January 2015 - Oil traders have booked up to 20 tankers to store an estimated 40 million barrels of crude at sea, rising from 25 million...

Oscarline Onwuemenyi 24 January 2015, Sweetcrude, Abuja – The Petroleum Products Pricing Regulatory Agency, PPPRA, has sought to explain the reason...

24 January 2015, Enugu – Members of the Independent Petroleum Marketers Association of Nigeria in Enugu have yet to comply with the new pump price...

24 January 2015, Abuja – The Petroleum Products Pricing Regulatory Agency (PPPRA) on Friday said that Federal Government was still subsidising the current...

23 January 2015, News Wires – The boss of oil giant BP Bob Dudley reportedly believes oil prices could remain low for up to three years. Oil prices...