A new oil market report released by the International Energy Agency on Thursday forecasts that growth in global oil demand...
Authorities of Federal Inland Revenue Services (FIRS) and Nigerian National Petroleum Corporation (NNPC) are in crucial meeting to resolve the...
Repair work on the pipeline feeding Nigeria’s Forcados crude oil to the export terminal is expected to take until June,...
Evidence of falling US production and and a drop in supplies outside of the Opec cartel will help the oil...
Nigeria has restarted the Port Harcourt refinery, which has a capacity of 210,000 barrels a day, a spokesman for state...
Association of Mega Filling Station Owners of Nigeria (AMFSON) has told Ibe Kachikwu, minister of state for petroleum, that if...
Gas supply to the Nigerian power sector is set to receive a boost as Total Exploration and Production Nigeria Limited...
Compressed Natural Gas (CNG) appears the alternative energy source for industries amid the growing challenges in energy generation in Nigeria....
As oil producers from the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC members gather in Doha on April 17,...
Nigeria plans to split the Nigerian National Petroleum Corporation (NNPC) into two to help ease a planned stake sale of...
Angola has requested a bailout from the International Monetary Fund that could be worth more than $1.5bn, making the OPEC...
Federal government short term measures of dealing with the fuel queues is easing the fuel scarcity that has paralysed activities...
Forte Oil Plc, which owns a power plant and sells gasoline in Nigeria, said it plans to raise as much...
There is no gaining saying the fact that despite Nigeria’s abundance of crude oil deposits, several challenges have over the...
Recent events in the oil sector in one of South Asia’s largest economies have serious implications for African energy policy...