Brent crude oil rose towards $61 a barrel as expectations of falling US rig count numbers outweighed concerns about oversupply....
The Federal Airports Authority of Nigeria (FAAN) on Monday said that there are no plans by Ikeja Distribution Company (IKEDC)...
Against the backdrop of a slowing economy and increased insecurity, Forte Oil Plc, a major Nigerian marketer of refined petroleum...
Seven Energy International Limited, an indigenous Nigerian oil and gas development, production and gas distribution company, has emerged as the...
The Central Bank of Nigeria (CBN) has directed all authorised dealers that proceeds of oil and non-oil exports are to...
Going by the wave of reforms in the Nigerian oil and gas sector, demand for domestic gas is expected to...
The oil price plunge, from as high as $115 per barrel in mid-June 2014 to as little as $45.19/b in...
According to NNPC’s latest released monthly petroleum information, Natural Gas Liquid (NGL) production reached 1.1 million metric tonnes as at...
The World Bank has set aside more than $1billion in risk financing to back the use of flared gas from...
French energy company Total will cut investment and jobs this year and accelerate its asset sales programme after taking a...
Crude-oil futures rose, extending sharp overnight gains, with Brent crude testing the $60 mark on reports of spending cuts by...
Africa-focused oil and gas explorer Tullow Oil has reported a $2 billion pre-tax loss, its first in 15 years, and...
On February 10, the International Energy Agency (IEA) cut its forecast for non-OPEC supply growth in 2015, taking account of...
Seadrill, the world’s third-biggest offshore driller, cut $1.1 billion worth of Petrobras orders from its backlog due to the Brazilian...
The promise of plentiful jobs and salaries as high as a quarter-million dollars a year lured Colombia native Clara Correa...