Is the alleged SEC investigation cause for shareholder alarm? The Lagos listed stock of domestic oil and gas producer Oando...
The sharp increase in crude oil output from Libya and Nigeria led to a decline in OPEC’s compliance rate to...
Ahead of the 2019 target date for the cessation of petroleum products importation by the Federal Government, the Nigerian National...
The U.S. is seeking to recover $144 million in assets, including proceeds from a luxury condominium on Manhattan’s Billionaires’ Row...
Shell Petroleum Development Company of Nigeria Ltd, the local subsidiary of Royal Dutch Shell Plc has declared force majeure on Bonny...
Nipco Plc an indigenous Nigerian downstream oil and gas company has formally rebranded Mobil Oil Nigeria Plc to 11Plc (double...
Nigeria’s deputy Minister of Petroleum Emmanuel Ibeh Kachikwu ,has on Wednesday at a World Press conference in Abuja expressed cautious...
Brent prices rallied to $48 yesterday from $47 on Tuesday buoyed by increased European refinery margins for the third quarter and report...
OPEC said on Wednesday its oil production jumped in June and forecast world demand for its crude will decline next...
Indigenous oil companies in Nigeria are positioning themselves to acquire lucrative oil leases ahead of planned $12 billion asset divestments by International...
The plan by the French government to ban all sales of petrol and diesel cars by 2040 is sending ripples...
West Africa of which Nigeria plays a significant part is traditionally considered as an exporter of pipeline gas and liquefied...
According to data from the National Bureau of Statistics (NBS), the average price paid by consumers for automotive gas oil...
The maximum wheeling capacity reached by Transmission Company of Nigeria (TCN) has been 5,074.7 Megawatts; MW (attained February 2nd, 2016)....
Since coming to power, the present administration has been working hard towards getting Nigeria to refine its crude for local...