United States oil major Chevron on Monday named Monday Ovuede Director of the NNPC/Chevron Nigeria Ltd. Joint Venture. This is...
project to add $5bn into Federation Account...
Oil prices fell on Friday, with U.S. crude down about 3 percent, as investors and traders waited to see if...
Nigerian crude oil for October loading began to clear out as traders awaited the programme for November, with differentials seen...
Nigeria’s liquefied natural gas (LNG) export plant at Bonny Island is to sell a cargo loading later this month to...
Nigeria’s state oil company plans to renegotiate its production-sharing agreements with oil majors as Africa’s top crude producer tries to...
Nigeria’s crude oil output increased by about 70,400 barrels per day (bpd) to 1,857,000bpd in August 2015, from its July...
Oil edged further above $46 a barrel earlier in the week, supported by the prospect of lower U.S. inventories and...
Forte Oil has further reaffirmed its commitment to best service delivery by being in the forefront of the new Dual...
As the nation anxiously waits for President Muhammadu Buhari to unfold his ministerial nominee list, oil and gas sector...
Nigeria will ship the most crude in more than three years in October, adding to downward pressure on oil prices...
The oil price recently fell as low as $46 a barrel having hovered around $50-$60 per barrel since the beginning...
As the Brent and WTI crude futures spread narrows, arbitrage opportunities are beginning to open up for Nigerian crude to...
Production of US shale oil will fall sharply next year as a result of the collapse in crude prices, the...
Venezuela’s state-run oil company PDVSA has bought three new cargoes of Angolan and Nigerian crudes for delivery at Bullenbay terminal...