No fewer than 800 companies have submitted bids for management of 176 gas flare sites in Nigeria, Minister of State for Petroleum...
Oil prices are headed towards $80 a barrel, which will translate into a hefty boost in pump prices, as OPEC+ continues to...
As Nigeria’s debt balloons rapidly with foreign and domestic debt hitting $25.27 billion and N16.63 trillion respectively, as at 31st December, 2018,...
Speakers at a Washington event on Wednesday, generally agreed that Legislation introduced in the 116th US Congress would give the federal government...
The Nigerian National Petroleum Corporation (NNPC) says ongoing efforts at rehabilitation of the nation’s refineries was aimed at reducing importation of petroleum...
For a country blessed with abundant natural resources – holding Africa’s largest crude reserves and the continent largest oil producer – aside...
A mix of political populism, higher commodity prices and the expectation electrification spurring demand for some raw materials has led resource-holding governments...
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”....