Drilling so far at the Kolmani River-II Well which spud-in was flagged off last month by President Muhammadu Buhari has reached 6,700...
Eni has agreed to farm out a 30percent interest in the Tarfaya Offshore Shallow Petroleum Agreement to Qatar Petroleum, subject to approval...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has called for more integration among countries within...
President Muhammadu Buhari has revoked the operating licence granted the oil giant, Shell for Oil Mining Lease (OML) 11, located in Ogoniland,...
The Natural Resource Charter (NRC) is a set of principles intended for use by governments, societies, and the international community to determine...
Britain’s offshore oil and gas production rose by more than 4percent in 2018, according to the Oil & Gas Authority (OGA), averaging...
Crude oil prices rose Tuesday amid expectations of more production declines in Venezuela and Saudi Arabia, but broader economic concerns capped gains....
U.S. shale companies have benefited from the supply-cut efforts from OPEC and its allies that boosted prices, OPEC Secretary General Mohammed Barkindo...
Recently, at the 42nd meeting of the board of the Extractive Industries Transparency Initiative (EITI) in Kyiv, Ukraine, Nigeria, was adjudged to...
The US will soon export more oil and liquids than Saudi Arabia, driven by the continued rise in oil production from US...