Outlook for liquefied natural gas (LNG) spot market has been bullish due to millions of tons in developed capacity coming...
State owned Saudi Aramco is moving to acquire stakes in petrochemicals giant Sabic Industries Corp. and could enter the bond...
When Femi Otedola, chairman of Forte Oil Plc, announced he was selling his entire 75 percent shareholding in the company,...
Hope of Nigeria having functional refinery and stop to be net importer of refined petroleum products has been boosted as...
Savvy investors have caught a whiff of a pile of money in refining and petrochemicals on the African continent within the next five years where over 1 million barrels worth of new refining projects are billed to come on stream on the continent......
Brent prices the benchmark for Nigeria’s crude oil is heading for its best ever run of gains thanks to Organization...
Minister of State for Petroleum Resources, Ibe Kachikwu, says Nigeria is currently producing about 1.78 million barrel per day and...
Techno Oil, an indigenous oil and gas company, which obtained Federal Government approval for the construction of its LPG manufacturing...
Three years into the administration of President Muhammadu Buhari, who came to power vowing to end corruption, Nigeria is yet...
Three years into the administration of president Mohammadu Buhari, who came to power vowing to end corruption, Nigerian is yet...
Brent oil extended its longest rally in a year and a half, rebounding above $60 a barrel but Africa’s largest...
In the first nine months of 2018, Africa biggest oil producing country literally threw N275.6 billion into the flames through...
Nigeria lost an estimated $2.8 billion in the second half of 2018 largely as a result of oil and maritime...
Amid cautious economic projections for the nation’s economy by experts in the New Year, Edo State governor, Godwin Obaseki, has...
In the first nine month of 2018, Africa biggest oil producing country literally threw N275.6 billion into the flames through...