ExxonMobil has made the world’s third-biggest natural gas discovery in two years off the coast of Cyprus in the Eastern Mediterranean at...
The Nigerian National Petroleum Corporation (NNPC), has said it would support ongoing initiative by the Federal Government to diversify the nation’s economy...
Introduction: In most business schools and development economics classes around the world, Nigeria is used as a textbook case of “resource curse”....
Global LNG trade occurred at record volumes for the fifth consecutive year, reaching 316.6 million tonnes, according to the International Gas Union’s...
The Nigerian government Wednesday made progress in the prosecution of the flaws associated with the controversial award of OPL 245 to oil...
by Itumeleng Mukhovha One can easily assume that international investors are deterred from investing in Africa given the growing need to weather...
US crude oil inventories for the week ended Mar. 29, excluding the Strategic Petroleum Reserve, jumped 7.2 million bbl from the previous...
Nigerian oil company Oando aims to raise fresh capital over the next two years and repay debt used to acquire Conoco Phillips’...
Onshore assets which include Oil Mining Lease (OML) 66, 70, 68 and 104 have been named amongst those to be put up...
ExxonMobil Corp. has taken a final investment decision (FID) on a multibillion-dollar expansion to convert fuel oil and other bottom-of-the-barrel crude products...