Venezuela and Russia’s top oil producer, Rosneft, have agreed on around $14 billion in investment in the South American OPEC...
Africa Oil has announced that it has closed the $100 million non-brokered private placement previously announced May 1, 2015. Pursuant...
Oil prices sank this week to one-month lows on the back of the strong dollar and global supply glut fears,...
OPEC ministers will meet in Vienna this week to decide on whether to stick to its target of 30 million...
After five years of signing the country’s Content Development Act into law, the Nigerian National Petroleum Corporation (NNPC) has continued...
Electricity Distribution Companies in Abuja on Tuesday opposed the proposed stopping of estimated billing for unmetered consumers in the country...
The African Development Bank (AfDB) has expressed concern that the continent’s energy deficit remains large in spite of remarkable achievements in...
Oil marketing companies in Nigeria are already planning for life without subsidies on petroleum products after the outrage felt by the...
The Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), on Wednesday,...
Oando Plc, a Nigerian energy company, is building a business to truck natural gas to industrial users whenever they are...
A community group in Nigeria’s oil-producing Niger Delta said on Wednesday it had shut down an oil facility operated by...
Nigerians are currently experiencing untold hardship as the nation groans under the effects of fuel scarcity. The worsening scarcity has...
BusinessDay Research and Intelligence Unit (BRIU) concluded a survey to evaluate the state of the Power sector in Nigeria and...
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...