In this case, you can't expect to see a bell shaped production curve any longer ... of an effort to develop high cost resources within the national borders. Oil consumption did not decrease ...

Refiners passing through price cuts into rack and dealer tankwagon (DTW) prices allowed the weighted wholesale gasoline price to decline by just over 11 cents. The nation's gasoline retailers regained ...

(Reuters) - Goldman Sachs said on Friday a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on U.S ...

The NNPCL has revealed that reforms in the oil and gas sector, driven by the enactment of the Petroleum Industry Act 2021 and ...

The average cost for 30 days also dropped to N864.92 per litre, while on-the-spot sale at the NPSC terminal was N927.53.