Oil and Gas

Oil prices hit $70 a barrel as risk to Iran nuclear deal mounts

Brent crude Friday consolidated its fourth consecutive weekly gain, hitting $70 a barrel as heightened geopolitical tension coincides with signs…

Italy’s ENI starts oil production offshore Angola

ENI, Italian energy major and Angolan state company Sonangol have started oil production from the Ochigufu project, in Block 15/06 of…

Nigeria state oil company set to go paperless for effective operation- Baru

Nigeria state oil company is going paperless in its operations within the shortest possible time, the group managing director said…

Waste to power: Gas still economic, environmental menace

Nigeria's 2020 goal of achieving zero gas flaring appears to have gone up in flames. The Trans-Saharan Gas Pipeline Project…

Government, citizens have shared responsibilities

In the next 12 days, the first quarter of 2018 will draw to a close. The Federal Government’s spending plans are…

Nigeria state oil company vows to rejuvenate nation’s refineries to optimal capacities

The Nigerian National Petroleum Corporation (NNPC) said Sunday that it would not relent in its quest to get the nation’s…

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