To demonstrate the level of support the Nigerian content development has garnered from the federal government, Sylva Timipre, minister of state for petroleum emphasised the importance government attaches to ensuring that there is in-country capacity development in all segments of the oil and gas industry

While oil prices rebounded last week on hopes of successful negotiations between Saudi Arabia and Russia, they went back down again following the negotiations’ delay

The Nigerian government has further slashed the price of Premium Motor Spirit (PMS) to US$0.32 per litre

Following the coronavirus (COVID-19) outbreak, China, the world’s biggest importer of crude oil, has been forced to cut down on consumption