If Big Oil was a two-engine airplane, you could say it’s been flying on a single engine since energy prices...
The landscape of onshore exploration and production has shifted considerably in recent years. As IOCs move further towards deep-water developments,...
The issue of plummeting oil price and its serious implications for government revenue pose serious challenge to the economy. With...
Petroleum Equalisation Fund has said that its adoptions of the Treasury Single Account (TSA) platform has helped it to facilitate...
Nigerian oil industry has suffered a major blow following the explosion that rocked a gas pipeline in Obotim, Nsit Ibom...
Federal Government of Nigeria is engaging stakeholders involved with the procurement and distribution of aviation fuel to ensure its availability....
President Muhammadu Buhari has directed the Nigerian National Petroleum Corporation (NNPC) to fast-track its hydrocarbon exploration efforts in the North...
Oil prices are slightly down Monday amid worries that a global glut and refined product will continue to weigh on...
Brent is lower $45.90 per barrel Friday morning following big falls in yesterday’s session as investor’s reassessed US data underlining...
A Russian firm, Safinet Group, has expressed its desire to establish a 7,000 barrels per day (bpd) capacity refinery in...
Leadership of the House of Representatives on Wednesday halted ongoing process for the acquisition of $400 million loan for the...
Commissioning of the FPSO Front Puffin at the deepwater Aje oil field offshore Nigeria has been completed, according to partner...
Crude oil prices have fallen dramatically over the past two years, from over $100 per barrel to less than $30...
Nigeria is the lowest user of fertilizer per square meter in the world and equally ranks lowest in per capita...
Outgoing Managing Director and Chief Executive Officer of NLNG, Babs Omotowa, has been appointed by Shell International into the Global...