On June 19, 2014, NYMEX contracts traded at $106 per barrel while Brent peaked at almost $116 per barrel on...
The extant petroleum laws in Nigeria charges the Minister for Petroleum with the responsibility of issuing licences and leases for...
The rebalancing of the oil market that started last year has yet to run its course and a bottom in...
A brief period of high profitability for the world’s oil refineries is likely to come to an end as quickly as...
Ghana’s parliament has passed the Petroleum Revenue Management (Amendment) Bill, 2015 into law. The Bill seeks to address irregularities and...
The US generated more of its electricity from gas than from coal for the first time ever in April —...
The Petroleum Dealers and Owners Association in Ondo and Ekiti states on Monday said it would not be able to...
President Muhammadu Buhari on Monday in Abuja assured investors that his administration would implement far-reaching reforms to boost accountability and...
President Muhammadu Buhari has instructed the Nigerian National Petroleum Corporation (NNPC) to review agreements behind a programme to swap crude for...
Nipco plc, a leading downstream company in Nigeria, has opened its flagship station on the popular Ikorodu Road, Lagos to...
The Nigeria’s financial situation may get messier if the prediction of the International Energy Agency (IEA) comes to pass. According...
Whomever President Buhari nominates as the Minister of Petroleum in the coming next few weeks frankly deserves more sympathies than...
US oil drilling increased for the first time after 29 weeks of declines signifying that US oil production may start...
Lafarge Africa said on Friday it has applied to Nigeria’s energy regulator for a licence to generate 260 megawatts of...
US oil drilling increased for the first time after 29 weeks of declines signifying that US oil production may start...