ExxonMobil has announced the retirement of Udom Inoyo as its Vice Chairman & Management External Advisor, Upstream Nigeria with effect...
The Nigeria LNG Limited (NLNG) has restated its support for the fight against the Coronavirus (COVID-19) pandemic and contributed over US$30 million in financial support along with other oil producers to the Federal Government through the Oil and Gas Industry Collaborative initiative spearheaded by the Nigerian National Petroleum Corporation (NNPC) to fight the virus....
Nigeria’s third-largest oil producer Chevron is in advance talks with potentials buyers in the sale of its stakes in two...
The Nigerian National Petroleum Corporation (NNPC) has yet to agree with International Oil Companies (IOCs) operating in the country over...
Nigeria’s state oil company has delayed publishing its future oil export plans as it negotiates with local companies and international...
A prolonged collapse in oil prices, ships dilly-dallying at sea with unwanted oil cargoes, and traders getting creative about where to stash...
Panic is beginning to spread through the oil market as the price of Brent, the benchmark for Nigeria’s crude oil...
Nigeria recorded crude oil and gas export sales of $434.85million in January 2020, an increase of 94.30 per cent when...
Atiku Abubakar, a former vice president, has said this was the time right Nigeria built a strategic crude oil reserve,...
A more dangerous dimension might be setting in for the Nigerian economy as the price of crude oil which is...
The coronavirus pandemic has severely reduced oil demand around the world due to large declines in airline, car, shipping, and...
Some of the world’s largest oil producers including Nigeria might have reached a truce the global oil market long sought,...
One week after the group managing director of the Nigerian National Petroleum Corporation (NNPC), announced plans to suspend a wasteful...
In its latest World Economic Outlook, the International Monetary Fund (IMF) said the world is heading into a much worse...
US main oil prices crashed below zero dollars for the first time in history as a triple threat of record-low...