The Petroleum Industry Bill (PIB), which has been with us in one form or the other since 2008, proposes to...
Crude oil futures edged up buoyed by healthy Asian appetite and demand from the US driving season. Front-month Brent crude...
Ghana’s oil production will rise six-fold by 2018 to an estimated 242.3 million barrels from 39.1 million barrels this year...
The current acute fuel shortage in the country has thrown some parts of Lagos metropolis in total darkness as street lights illuminating the areas have gone...
As concern grows over the vague manner in which the Nigerian National Petroleum Corporation (NNPC) and its subsidiaries are run, oil workers under the aegis of Petroleum and...
The Economic and Financial Crimes Commission (EFCC) on Friday re-arraigned three oil marketers— Opeyemi Ajuyah, Abdullahi Alao and Olarenwaju Olalusi–...
There is hope to the end of extreme electricity billing within Ikeja, Lagos district as Ikeja Electricity Distribution Company plans...
Oil workers under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have called on the in-coming Federal Government to declare a state of...
Nigeria may have to wait for much longer before the benefits of the recent price gains impacts on its revenue...
Emeka Ene is the chairman of Society For Enginners (SPE), Nigeria Council. In an exclusive interview on the sideline of...
The Ghana Oil Company Limited (GOIL) has set pragmatic targets to dominate the downstream oil industry to ensure that Ghanaian...
A global oil glut is building as OPEC kingpin Saudi Arabia pumps near record highs in an attempt to win a...
Oil futures pulled back as ample global supply weighed on prices while Brent’s front-month June contract headed to expiration. Trading...
Petrobras, the state-run oil producer battered by months of bad publicity from a corruption probe and asset write-offs, reported some...
Kenya Power Company has acquired a $10 million loan facility from the United Bank of Africa (UBA) to upgrade its...