Oil futures rose on Wednesday, shrugging off an industry report that showed an unexpected build in U.S. crude stocks, and...
Deepwater gas exploration presents the next investment frontier in West Africa despite the huge capital involved as gas begins to...
Donald Trump’s election as US President rattled crude oil market. Before midnight on Election Day, West Texas Intermediate futures had...
Beginning from January 1, 2017, the NNPC will be exploring alternative funding mechanisms that will allow the joint venture business...
Oil prices jumped more than 3 percent on Tuesday, bouncing back from multi-month lows on expectations that OPEC will agree...
Africa Oil and its partners in Kenya will drill up to eight exploration and appraisal wells starting from December to...
The oil market is “pretty pessimistic” about OPEC reaching a deal to cut production, BP Plc Chief Executive Officer Bob...
I n one of his three books launched on Monday in Abuja, Ibe Kachikwu, minister of state for petroleum resources,...
Muhammed Barkindo, OPEC’s secretary general has predicted that current instability in oil prices will only worsen if major producers do...
With the spate of vandalism of gas pipelines within the oil rich Niger-Delta region of Nigeria which generally serves as...
Participants at the recently concluded OTL Africa Downstream Week have demanded for the full liberalisation and deregulation of the downstream...
Nigeria will need to resolve its conflicting commercial terms that has seen it offer gas at different prices to power...
Oil prices would likely hold at around $40 per barrel for the next few years, the head of the Central...
Oil fell to its lowest in three months on Monday, as the prospect of another year of oversupply and weak...
Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC saw record...