Oil-rich countries are signing multimillion-dollar Liquefied Natural Gas (LNG) contracts to lock in supplies over the next 20 years but...
Three years after the Federal Government launched a programme to harness the country’s gas resources, key projects marked for execution...
Nigeria has seen its gas production drop in recent times amid rising demand in the domestic and international markets. Operators...
Payable penalties by oil companies for flaring gas in Nigeria have risen above two hundred billion Naira since January last...
Nigeria’s economic growth in 2023 is at risk of being fragile, with oil production remaining low and the new administration...
African countries need to reform their governance and fiscal systems to maximise revenue from their natural resources, the World Bank...
The March completion deadline for the initial stage of repair work on the Port Harcourt, Warri and Kaduna refineries has...
To cushion the effect of the removal of petrol subsidies, experts say the incoming government must enact policies that will...
The naira-dollar exchange rate is a major factor that will determine the pump price of petrol after the removal of...
The Organisation of Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, unexpectedly announced on Sunday additional...
Nigeria is still struggling to find buyers for its oil with more than half of the country’s April crude oil...
Saudi Arabia and other OPEC+ oil producers, on Sunday, unexpectedly announced additional cuts to oil production of over 1.16 million...
In a bid to boost confidence in the transparency and continuity of the 2022/2023 Deep Offshore Oil block Mini-bid Round...
As the date for the removal of the controversial petrol subsidy draws closer, Nigerians are becoming increasingly anxious about what...
As fire outbreaks in petrol depots become more frequent, the regulator says it will now resume health, safety, and environment...