West African crude last week got a boost from renewed interest in Nigerian oil and benchmark prices that were firming...
Iran says French energy giant Total is to sign a contract worth close to $5bn (£3.8bn) to develop an offshore...
As the Federal Government seeks to attract more investment in the petroleum sector, the Nigerian National Petroleum Corporation (NNPC) plan...
Nigeria’s state-owned oil company said it signed a deal with Schlumberger Ltd. to provide $700 million for the development of...
As the Federal government seeks to attract more investment in the Petroleum sector,the Nigerian National Petroleum Corporation, (NNPC)plan to grow...
The African Development Bank (AfDB) on Thursday reaffirmed its strong partnership with the Government of Nigeria in addressing the challenges...
A ramp-up in shale drilling and production rebound in Nigeria and Libya, weakens prospects for normalization in inventories ahead of...
An oversupply of light, sweet crude in the international market is putting pressure on the sales of Nigeria’s crude oil...
The foreign exchange reserves of big oil exporting nations have fallen to their lowest level for a decade as weak...
Oil markets are currently defying every prescription towards rebalancing as prices traded near a 10-month low on June 26, spooking...
Electricity acts as catalyst for economic development. Sadly, this eludes Nigeria as the attendant poor power supply continues to inhibit...
In the last quarter of 2016, the Federal Government through the Ministry of Petroleum Resources unveiled a new draft National...
West Africa is home to approximately 32 percent of Africa’s total natural gas reserves. Nigeria holds the community’s largest proven...
Absence of adequate power in Nigeria’s higher institutions limits capacity utilisation and makes learning environment difficult for both students and...
NIPCO Plc has launched a N4.84 billion ($16m) offer for the shares it needs to take its stake in Mobil...