Heineken Lokpobiri the Minister of Petroleum Resources (Oil) has denied claims that its crude oil for naira deal has been ...

By Prisca Akhaya - bno Surabaya Office Indonesia’s state-owned oil giant, PT Pertamina (Persero), is at the centre of an ...

On the heels of the ongoing controversy surrounding the naira for crude deal which commenced in October 2024, Heineken ...

Mr Adedeji said there has been no decision at the policy level to discontinue this approach nor is it being considered.

THE Nigerian National Petroleum Company Limited, NNPCL, said it has ended the supply of oil to Dangote, other refineries ...

The NNPCL said the contract for the sale of crude oil in Naira was structured as a six-month agreement, subject to availability, and expires at the end of March 2025.

Heineken Lokpobiri has defended oil deregulation, saying Nigerians are already benefiting from fairer prices and increased ...

Did you know that natural gas and crude oil share much in common in terms of molecular make-up? You can learn more in our natural gas commodity guide. Oil prices are quoted per barrel, or ‘bbl’. The ...

The province has announced it will collect bitumen royalties in the form of the heavy oil itself, as opposed to cash.

The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) ...

Alberta's energy minister is hoping that by changing the way the province receives royalties from oilsands bitumen, it may ...

The fallout from the North Sea oil tanker collision on March 10 may have you reflecting on other significant man-made environmental disasters ...