Crude oil futures rose on Thursday as an attack on a Nigerian oil pipeline and a weaker U.S. dollar buoyed...
Nigeria’s black gold market is fast becoming unattractive both to local and international investors due to several factors such as...
Oil prices dropped sharply Wednesday as weekly inventory data revealed a much larger-than-expected increase in crude-oil stockpiles. U.S. crude futures...
Members of the House of Representatives on Tuesday expressed concern over the lackadaisical attitude of oil companies operating in the...
OPEC’s oil output is likely to set another record high in October, a Reuters survey found on Monday, as Nigerian...
While oil marketers blame a lack of forex for abandoning the importation of petrol to the Nigerian National Petroleum Corporation...
The Nigerian Content Development and management Board (NCDMB) has urged the Nigerian defence community to adopt the Local Content Policy...
Oil futures dipped on Thursday after Saudi Arabia trimmed the price of its flagship crude to Asia, but were still...
Brent crude topped $52 a barrel for the first time since June on Wednesday after government data showed a fifth...
Oil prices rose in early trading on Wednesday after a report that U.S. fuel inventories may have fallen for a...
Nigeria faces dire prospects in the oil and gas sector if the current challenges in the sector are not urgently...
The Organization of Petroleum Exporting Countries (OPEC) decided to cut production for the first time since the global financial crisis...
Iran, fresh from an OPEC meeting where it won significant concessions from regional rival Saudi Arabia, will accelerate the rejuvenation...
Oil prices dipped on Tuesday on a rise in Iranian exports that adds to a global supply overhang, but a...
Siemens Nigeria Limited is positioning to take full advantage of situation when the fortunes of Nigeria turns around after the...