The just concluded OPEC agreed to cede no ground to rival producers, keeping its faith that US shale drillers and...
It is a new day in Nigeria and there are significantly high levels of expectations in most sectors. The new...
Oil staged its first rally in three days gaining 2 percent despite warnings of more oversupply as a result of...
State refiners Indian Oil Corp and Hindustan Petroleum Corp are holding talks with Iraq’s national oil company to buy 4...
Petrobras is selling $2.5 billion of 100-year bonds, returning to overseas capital markets for the first time since the emergence...
Paramount ruler of Egbebiri in Bayelsa State, Aniedima Nicholas, on Monday, explained why activities at the Idu Oil Production field...
OPEC is set to carry on pumping oil nearly flat-out for months more, content that last year’s shock market therapy...
The President of the Trade Union Congress (TUC), Bobboi Bala Kaigama, and his counterpart in Petroleum and Natural Gas Senior Staff Association of Nigeria(PENGASSAN), Francis Olabode Johnson, Wednesday in...
NIPCO Plc has scaled up efforts at cushioning the agony which the scarcity of Premium Motor Spirit (PMS) also known as petrol has inflicted on Nigerians...
Canada’s Come By Chance refinery, located on the eastern island of Newfoundland, has bought Nigerian oil for the first time...
Nigeria needs to increase natural gas prices for power plants further to help encourage more gas exploration and production, the...
As the clamour for the removal of petroleum subsidy heightens, the Petroleum and Natural Gas Senior Staff Association of Nigeria...
Pockets of crisis in the oil and gas sector welcomed the administration of President Buhari amidst great expectations by Nigerians...
Venezuela and Russia’s top oil producer, Rosneft, have agreed on around $14 billion in investment in the South American OPEC...
Africa Oil has announced that it has closed the $100 million non-brokered private placement previously announced May 1, 2015. Pursuant...