Oil futures have jumped by 3 percent after President Vladimir Putin ordered “partial mobilization” of Russian citizens, marking the biggest...
Nigeria’s frontier exploration fund created to finance the exploration of crude oil and gas in Nigeria’s inland basins has not...
Peter Obi, the presidential candidate of the Labour Party, says people in the government are responsible for the massive oil...
Africa’s largest economy has seen a decline in its oil rig count for the first time in 2022. Nigeria recorded...
Three months after losing its status as Africa’s biggest crude oil producer to Angola, Nigeria saw its oil output drop...
The quest of one Africa’s biggest oil producers to wean itself off imported fuel has missed at least five deadlines...
Nigeria’s state-owned oil company did not grow like many other national oil companies (NOCs) established about the same time because...
A siege by irate villagers on a major crude oil pipeline in Bodo community, Rivers State, has opened a new...
Nigeria and its national oil company, Nigerian National Petroleum Company Limited (NNPC), are not ready for the rash of modular...
With crude oil revenue no longer able to paper over the cracks in the Nigerian economy, some operators have suggested...
Awwal Gambo, Nigeria’s chief of Naval Staff, in a media interview, disputed the huge volumes of crude oil stolen from...
The Nigerian Upstream Petroleum Regulatory Commission, in its oil production status report for August 2022, revealed that Nigeria’s production declined...
In order to achieve stronger economic development, Ben Akabueze, the Director General of the Budget Office of Nigeria has advised...
Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more...
Alex Cole, the managing director of Sahara Energy on Wednesday said the company has not received N35 billion subsidy payment...