The disclosure was made in a statement by the Manager Media and Communications.
Nigeria has been unable to find ways to cut oil production, as part of the OPEC+ deal signed weeks ago. This has led to the postponement...
ExxonMobil, Shell, Chevron and other IOCs are delaying investment in oil and gas projects worth $58.4 billion in Nigeria.
Union Bank has announced the demise of the Chairman of its Board of Directors, Cyril Odu who passed on two days ago.
The newly-sworn-in Minister of State for Petroleum Resources, Timipre Sylva has said that FG should reduce the production cost of crude oil.
@NNPCgroup has settled it long-standing debts owed via cash calls, by paying $833.57m owed to Mobil Producing Nigeria.
According to credit ratings agencies, Saudi Aramco has outstripped Apple Inc., Alphabet, among others, to become the world's most profitable firm in 2018.
The company's facilities have been under siege by some aggrieved former employees.
Global oil benchmark, Brent Crude, is currently trading at $79 per barrel in the international market.
Oil giant ExxonMobil has announced the appointment of Mr. Udom Inoyo, president Chartered Institute of Personnel Management, CIPM, as the Executive Vice-Chairman of the board of Mobil...