Sub-Saharan Africa holds the highest potential to become a “niche” market for liquefied natural gas to feed power plants as...
While Saudi Arabia spends less than $10 to produce a barrel of crude oil, Nigeria spends close to $30 according...
The price of benchmark crude oil has fallen almost 4% as traders question whether OPEC can agree on a deal...
Oil prices fell as much as 4 percent on Tuesday after Iran’s oil minister said the country was prepared to...
OPEC officials failed to bridge their differences on an agreement to cut production and revive oil prices, while Russia said...
Oil prices fell on Tuesday on market jitters over whether producer cartel OPEC will be able to hammer out a...
Vienna, Austria’s capital is regarded as ‘The City of Dreams’ because it was home to the world’s first psycho-analyst –...
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to the upgrade and expansion of the Kaduna Refining and...
Militancy and low oil prices have been blamed for the poor results from the oil sector in Nigeria’s third quarter...
The Nigerian Gas Association (NGA) has said that Domestic Supply Obligation (DSO) should be predicated on willing buyer-willing seller basis,...
Peter Idabor, the Director-General, National Oil Spill Detection and Response Agency (NOSDRA) says the agency will ensure timely, effective and...
The Petroleum Technology Association of Nigeria (PETAN) will honour some outstanding individuals who have distinguished themselves in the oil and...
This month, European oil company MOL Group delivered a stark message to investors: Demand for fuel in its key markets...
Oil prices rose on Monday in volatile trading, recouping losses as the market reacted to the shaky prospect of major...
Oil prices edged higher on Monday, after falling as much as 2 percent in early trading, as the market grappled...