Following the 65th meeting of the Economic Council (NEC) on Thursday in Abuja, the Federal government has engaged two auditing...
The World Bank on Tuesday dramatically revised down its forecast for crude oil prices, predicting they would average just $37...
OPEC is renewing efforts among members and producers from outside the group for a deal to fix an oil glut...
Sunny Oputa, CEO of Energy and Corporate Africa, a firm that produces oil and gas conferences in different parts of...
The oil market seems to be finally getting to the point where it is breaking the will of oil producers...
Nigeria’s poor power supply will soon be a thing of the past as Chevron Nigeria Limited in partnership with NNPC...
Libya has forgone more than $68bn in potential oil revenues since 2013 amid a power struggle between rival factions that...
Powergas Africa Limited, a player in the energy sector is offering Nigeria’s manufacturing sector a new lease of life through...
One thing that oil producers congregating in Davos agree on is that the oil rout can’t go much further. There’s...
Exxon Mobil Corp on Monday said efficiencies and increased use of renewable fuels will cut by half the carbon intensity...
French oil giant, Total E&P Nigeria, and communities in Akwa Ibom State and the Amah Community in Rivers State have...
Saudi Arabia has described the collapse in oil prices to below $30 as “irrational” and expects the market to recover in 2016...
Nigeria’s government, which relies on oil for about two-thirds of its revenue, sees a silver lining to the plunge in...
As security agencies intensify the search for culprits behind the recent attack on the Escravos pipeline, latest information from the...
Royal Dutch Shell has said it expects fourth-quarter profits to slide at least 40 per cent from a year ago...