An Italian judge said on Monday oil majors Eni and Royal Dutch Shell were fully aware their 2011 purchase of a Nigerian...
Report of a looming fuel scarcity again at this time of the year has come as a bad omen to many Nigerians,...
Oil was boosted to near $52 a barrel by a weak U.S. dollar while investors weighed if OPEC and its allies can...
The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still...
Despite the dire need of reforms in the Nigerian oil sector, President Muhammadu Buhari has said that reforms must not be rushed...
In its latest monthly oil market report, the International Energy Agency (EIA) has revised its 2019 non-OPEC supply growth forecast down by...
OPEC+ will need to stay 700,000 b/d below its agreed targets of 31.8 MMb/d through 2019 in order to bring a recovery...
The Minister of State for Petroleum Resource, Dr Ibe Kachikwu, on Thursday said that the liberalisation of the downstream oil sector was...
Equatorial Guinea Ministry of Mines and Hydrocarbons says 11 new oil and gas wells are set to be drilled next year in...
ConocoPhillips has set a capital expenditure budget for 2019 of $6.1 billion, which is flat to its expected full-year 2018 capex, excluding...