Just one month ago, US oil prices turned negative for the first time in history. Today, oil is back above...
For the world’s most important commodity, there’s never been a month like it. Just a few weeks ago, crude oil...
The House of Representatives Tuesday at plenary passed through second reading, a Bill for an Act to Enact Nigerian Local...
President Muhammadu Buhari on Tuesday approved the appointment of Sule Ahmed Abdulaziz as the new Acting Managing Director for the...
President Muhammadu Buhari on Tuesday approved the appointment of Sule Ahmed Abdulaziz as the new Acting Managing Director for the...
A bill to amend the Nigerian Oil and Gas Industry Content Development Act 2010 so as to boost local content...
The Senate on Tuesday urged the Federal Government to immediately suspend the planned tarrif increase scheduled to take effect from...
While the shareholders of the Nigeria Liquefied Natural Gas Limited have almost concluded plans to put in place train 7...
Oil prices rose slightly on Tuesday amid signs that producers are cutting output as promised just as demand picks up,...
Once upon a time, Nigeria refined all the petroleum products it consumed and set sight on becoming West Africa’s refining...
Economic lockdowns imposed by countries to contain the spread of coronavirus cuts electricity demand on average by at least 20...
Due to the impact of lower oil price, Nigeria might need to do away with some of its loss-making floating...
Schlumberger’s decision to pull its $724million funding for the development in Oil Mining Leases (OMLs) 83 and 85 (the Madu/Anyala...
A fire outbreak at an oil well, Ororo1, located on Oil Mining Lease (OML) 95, in Niger Delta, following an...
Africa’s biggest economy attracted $3.4 billion worth of Foreign Direct Investment (FDI) in 2019, buoyed by patient capital flows to...