Oil is unlikely to return to $80 a barrel before the end of the decade, despite unprecedented declines in investment,...
Strong refining margins for gasoline and a slight retreat in freight rates helped prevent further weakness in Nigerian crude oil...
A new report estimates that Nigeria lost $14 billion in 2014 alone to oil thieves and vandals. The report, an...
Indigenous oil firm, Oando Plc, is pressing ahead with its growth plans, insisting that its pillars of strength remain unshaken...
A.P. Moeller-Maersk agreed to buy African oil assets for as much as $845 million to revive an energy unit struggling...
Oil prices were steady on Tuesday after the International Energy Agency noted unprecedented declines in investment, though gains were limited...
as investment fund drops by 20% in 2015...
The dynamics of Foreign Direct Investment (FDI) in Africa has been recently altered, adding more complexity to an already tough...
West African light sweet crude oil grades are in tight competition with the North Sea and Mediterranean grades in European...
The Pipelines and Product Marketing Company (PPMC) is responsible for about 85 percent of the Nigerian National Petroleum Corporation’s (NNPC)...
An overhang of Nigerian crude oil for November loading began to ease on Thursday, traders said, but differentials were low,...
Crude oil prices were on track to post weekly losses on Friday as an oversupply of physical oil and a...
The current hike in price of premium motor spirit (PMS), known as petrol, in Aba, the commercial hub of Abia...
as NNPC assures of adequate fuel supply...
Ghana, Nigeria and Liberia offer the lowest diesel prices in West Africa according to the latest global diesel prices dated...