It is often said that the stone age did not come to an end due to a lack of stones,...
Lekan Akinyanmi, the founder of Lekoil Ltd, Aisha Muhammed-Oyebode, a non-executive director and Gloria Iroegbunam, company secretary have tendered their resignation...
Against the backdrop of the announcement by Lekoil Cayman, the AIM-listed firm that the company’s CEO, Lekan Akinyanmi has been...
President Muhammadu Buhari has flagged off the construction work for Nigeria Liquefied Natural Gas (NLNG) Train 7 project in Bonny...
Italy’s justice ministry ordered an inquiry on Tuesday into the conduct of two prosecutors in a corruption case involving energy...
Last week, Nigeria signed a long-awaited accord renewing the oil mining lease 118, otherwise known as Bonga, for another twenty...
To increase the contribution of Compressed Natural Gas (CNG ) and Liquefied petroleum gas (LPG) to Nigeria’s energy mix, there...
From kidnappings and jihadist rebellion by Boko Haram to homicide by notorious “unknown gunmen,” the growing rate of insecurities and...
The Nigerian National Petroleum Corporation (NNPC), the Nigerian Content Development and Monitoring Board (NCDMB) and ZED Energy Limited have signed...
U.S. investment bank Goldman Sachs expects Brent crude prices to reach $80 per barrel this summer, betting that a recent...
The Nigeria LNG Train 7 project may not be operational until the next five years but investors, operators, and government...
It is in furtherance of Nigeria’s ambitious Decade of Gas declaration that the Department of Petroleum Resources organised the 2020...
Nigeria’s natural gas reserves now stand at 206.53 Trillion Cubic Feet (TCF), from 203TCF, a development showing that the country’s...
Royal Dutch Shell Plc’s oil-drilling unit in Nigeria is urging the government to pass long-delayed legislation to reform the country’s...
Brent crude prices above $60 per barrel mean strong Foreign Exchange (FX) reserves. As of 6.15 pm on Tuesday, Brent...