US crude hovered near the $40 a barrel mark early on Tuesday, while the global benchmark Brent was at three-month...
Nigeria currently produces an estimated 7 billion scf per day and account for an estimated 182 trillion scf of gas...
About 43 crude oil and natural gas projects set to come on stream in Sub-Saharan Africa by 2025, with a...
Governor Akinwunmi Ambode on Tuesday expressed optimism that the Africa’s largest single oil refinery being constructed by the Dangote Group...
While the government of Ghana has promised to reduce the cost of aviation fuel by 20 percent, domestic airlines in...
Following Monday’s signing of the modified agreement between the Federal Government and Global Steel Holdings Limited to concession the Nigerian...
Cargoes of West African crude oil sailing east are on track to fall in August on fierce competition, shaky demand and disruptions...
Nigeria’s President Buhari on Tuesday, disclosed that the Government is considering the possibility of using modern technology to transform gas...
Uganda has picked three Nigerian companies and one from Australia for its oil exploration licensing round, inviting them to negotiate...
Oil prices fell more than 3 percent on Monday, with U.S. crude hitting April lows, weighed by a survey showing...
Saudi Aramco, the world’s largest oil exporter, lowered the pricing terms for Arab Light crude sold to Asia by the...
Exxon Mobil Corp. and Royal Dutch Shell Plc last week reported their lowest quarterly profits since 1999 and 2005, respectively. Chevron Corp.’s...
Brent oil opened at $43.51 in Monday trading after its biggest monthly decline in a year during July. High product...
Tunji Adeniji, managing director, IPMAN Investment Company, has debunked an alleged report of N10.9 billion subsidy scam credited to Chinedu...
Uganda has picked three Nigerian companies and one from Australia for its oil exploration licensing round, inviting them to negotiate...