The oil market “could drown in oversupply” as a rise in Iranian output offsets production cuts elsewhere, threatening a further...
The factors that will enable industrial partnerships with indigenous companies in Africa in response to local content legislation will be...
Oil and gas companies operating in Nigeria were fined a paltry N1.81 billion in nine months between January and September...
Babatunde Fowler, executive chairman, Federal Inland Revenue Service (FIRS) on Tuesday, disclosed that Nigeria lost N1.127 trillion due to non-remittance...
Lagos State and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have disagreed over an alleged debt of...
Brent crude fell below $28 a barrel on Monday for the first time since 2003, as oil traders braced for...
Nigeria’s minister of state for petroleum resources and group managing director of the Nigerian National Petroleum Corporation (NNPC), Ibe Kachikwu,...
Stocks across the Middle East tumbled as the easing of sanctions against Iran raised the prospect of a surge in...
Iraq’s semi-autonomous Kurdish region plans to start exporting 10 billion cubic meters a year of natural gas to Turkey by...
Peter Akpatason, chairman, House Committee on Civil Society Development Partners, on Monday, warned state governors against sack of workers under...
Two Israeli gas exploration firms announced to have found signs of large natural gas field offshore Israel....
Nigerian National Petroleum Corporation (NNPC) has commenced nationwide consultation with stakeholders aimed at drumming support for the planned expansion of...
Mining firm BHP Billiton has disclosed that it would take $7 billion in impairment charges on its U.S shale operations....
The Department of Petroleum Resources (DPR), Warri Zonal Office, on Saturday sealed seven petrol stations for various offences such as...
Indian Oil Corp has doubled its annual oil purchase deal with Nigeria for 2015/16 to 60,000 bpd, its chairman B....