Falling oil prices are affecting projects and companies in the oil and gas sector. There are a number of reasons...
Oil prices fell on Monday, releasing fleeting gains made after the Saudi Arabian cabinet reiterated its commitment to work with...
Nigeria has assured the Gas Exporting Countries Forum (GECF) of its continuous support as it struggles to surmount the challenges...
On the brink of a boom,” was the banner on PricewaterhouseCoopers LLP’s review of Africa’s oil industry 16 months ago....
Brent crude oil futures traded near three-month lows on Friday as the pressure of a persistent supply glut quashed any...
Nigeria has issued its final allocations for subsidised gasoline imports for the fourth quarter at 1.41 million tonnes, traders and...
Oil prices eased, reversing the previous day’s gains, as the risk premium stemming from the Paris attacks faded, and the...
That the Buhari Administration will encourage NNPC to hang on to the state-owned refineries is not a bad idea, provided...
Oil prices have lost about 40 percent in the past year as OPEC defends its market share against rivals, such...
Nearly 40 Nigerian companies showcased their potential for offshore materials and services in the oil and gas industry at an...
Oil fell below $45 a barrel for the first time in three months after OPEC said the oil overhang had...
In the bars, boardrooms, hotels and high streets of the Scottish city of Aberdeen, there is one question on most...
A renewed sell-off in oil and metals has shaken investors as fears grow that falling demand for commodities is signalling...
The falling oil prices, which plummeted to $45 per barrel coupled with constant decrease in the value of Nigeria’s crude...
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the newly inaugurated ministers to see their appointments...