The Federal Government has urged the Petroleum Training Institute (PTI) to improve its research and development activities as well as...
The federal government has stated its willingness to fast track the country’s industrialisation agenda with the use of Gas. Timipre...
The government of Saudi Arabia through the Foreign Ministry in the Kingdom has said that the decision to cut oil...
After years of claiming that Nigeria does not have a serious debt crisis, the government is now considering restructuring its...
Nigeria’s oil production could rise above 1.6 million barrels per day (bpd) with the return of Shell’s Trans Niger Pipeline...
The Nigerian National Petroleum Company Limited (NNPC) has entered into ‘cash for crude’ deals worth about $5.6 billion with some...
Angola, Libya and Algeria produced more crude oil than Nigeria in September as Africa’s largest economy saw its output dip...
The Forcados Oil Terminal will resume export operations by the end of October after repairs are completed, Shell Petroleum Development...
The acquisition of Atala Field (Formerly Oil Mining Lease 46) followed due process after its previous owners failed to develop...
Nigeria’s external reserves have maintained a steady decrease, declining to $38.07 billion as of October 7, 2022, data obtained from...
GE Power, a global energy technology company, has reiterated its commitment to support a just energy transition and implementation of...
A United Kingdom-based exploration company, Dolphin Drilling has secured a $96 million contract to provide a drilling rig for an...
Rampant crude theft which has forced many local oil firms to shut operations is taking a toll on the operations...
The renewable energy industry in Nigeria continues to gain momentum, with more than a handful of private sector players within...
Rensource, an African energy company that offers power-as-a-service to customers, has entered into a Power Purchase Agreement (PPA) with Baze...