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...
The 1,200 megawatts (MW) of power available to Lagos State from the national grid is a sharp contrast to the...
Some OPEC members are trying to bring major non-OPEC producers such as Russia on board in cutting supplies, as the...
With plunging crude prices, there is need to think differently, try something different, otherwise we will continue to obtain the...
Ghana’s state-run oil giant will soon be in the international market to finalize a transaction covering a $400 million dollar...
Oil slipped toward $65 a barrel on Monday as signs that US shale oil production was recovering after a recent...
Oil producers are taking advantage of the rebound in oil markets by locking in prices for next year and beyond,...
The first quarter of 2015 was the first in which the oil price drop will truly reflect in the numbers...