Nigeria’s goal of becoming a global supplier of gas is becoming bleak on the back of the huge infrastructure deficit...
Oil prices fell in early trade on Tuesday ahead of a slew of economic data from China, which should provide...
Residents of Ibeju Lekki in Lagos State have applauded the Dangote Refinery for its social responsibility initiatives. The host communities...
Oil prices took a breather on Monday as concerns about China’s economic recovery and a stronger dollar pushed back against...
Nigeria’s crude oil output dropped to 1.29 million barrels per day (bpd) in July, data from the country’s oil regulator...
African countries must take deliberate steps to attract foreign direct investments (FDI) to harness their vast gas resources given the...
A military coup in Niger leading to the overthrow of the democratic government which has forced the shuttering of borders...
The Organization of Petroleum Exporting Countries (OPEC) through the Joint Ministerial Monitoring Committee (JMMC) has decided there will be no...
BMI, a Fitch Solutions company, has projected that the price of London Brent crude will hover on average around $80...
Oil prices inched up slightly during early Asian trading on Thursday as investors weighed the positive U.S. inventory data released...
One of Europe’s main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which...
The tiny South American oil producer Guyana set up a Sovereign Wealth Fund in 2021 to avoid the mistake Nigeria...
Oil companies are urging the Federal Government to improve fiscal terms for gas, especially those not associated with oil drilling,...
The oil revenue of Nigeria is expected to rise on the back of Saudi Arabia and Russia’s planned production cuts...
The oil and gas industry has made almost no progress since 2021 to align itself with the Paris Agreement goals,...