For Africa’s biggest oil-producing country, the idea of getting private capital to explore for new oil fields in 2021 may...
Oil prices rose more than 1% on Tuesday after major crude producers showed they were reining in output roughly in...
The effect of COVID-19 pandemic, occasioned by a nationwide lockdown, and some old perennial challenges are unsettling the consumption pattern...
The Nigerian National Petroleum Corporation (NNPC) says it would do everything within its powers to ensure the timeous completion of...
Shell Nigeria has reacted to the judgment of a Dutch court which held it liable for spills in a part...
There are indications that the House of Representatives may pass the Petroleum Industry Bill (PIB) currently before the lawmakers without...
A Dutch court has ordered the Nigerian subsidiary of Shell to pay compensation over oil spills in Nigeria’s Niger Delta,...
A Dutch court has ordered Royal Dutch Shell Plc’s Nigerian unit to compensate for oil spills in two villages over...
That said, Oil bears haven’t been able to dent the bulls gain recorded in 2021, as the dollar remained relatively...
Nigeria over the years has strived to be an oil and gas hub, well prepared to meet series of challenges...
After 20 years of trying to pass the Petroleum Industry Bill (PIB), partly to halt agitations by host communities against...
As part of efforts to boost supply of electricity by 92.4 megawatt (mw) and promote clean energy, the Federal Government...
At a time Nigeria is still struggling with low oil prices and economic recession occasioned by the coronavirus pandemic, with...
The Federal Government re-introduced a revised version of the Petroleum Industry Bill (PIB) last year. Unlike previous versions, the input...
Oil prices are up Wednesday after industry data showed US crude stockpiles fell unexpectedly last week and China, the world’s...