Minister of State for Petroleum Resources, Chief Timipre Sylva, has assured that Nigeria would meet the three million barrels per day quota allocated to the country by the Organisation of

Nigeria’s federal government has said it will not immediately end its current subsidy of petrol, saying it intends to manage the process to ensure that vulnerable Nigerians are not heavily

Nigeria’s federal government on Tuesday said it would continue to ramp up investments in the country’s hydrocarbons, despite the current global shift to renewable sources of energy. Speaking at the

Some African oil-producing nations on Thursday opposed what they described as the global conspiracy to shut down the economies of the continent’s resource-dependent countries. They urged members to take urgent

Nigeria’s Minister of State for Petroleum Resources Timipre Sylva has assured citizens there will be no increase in the price of premium motor spirit, also known as petrol, in June.

Nigeria’s federal government is weighing some options as discussions with Anglo-Dutch oil company, Shell Petroleum Development Company, begin over its plan for total divestment from onshore operations in Nigeria. The

Nigeria’s federal government on Friday strongly pushed back on insinuations that it had increased the pump price of petrol from N162 to N212.61 per litre. In a statement personally signed

Nigeria’s Minister of State for Petroleum, Timipre Sylva on Friday denied there are plans by the federal government to increase the current price of premium motor spirit, popularly known as