Exploration drilling looks set to soar offshore Africa this year with around 40 exploratory wells compared with the 24 completed in 2018,...
Oil prices rose about 2percent on Tuesday, along with world stock markets, supported by China’s plan to introduce policies to stabilize a...
Oil traded near a one-month high after entering a bull market, while the tension between an uncertain economic outlook and efforts by...
Oil giant Total says it delivered the Egina project with almost 10percent below the initial budget at start-up, with capex savings of...
Crude has kicked off 2019 in rally mode after torrid performance last year, Financial reports Oil rose on Monday, marking an increase...
Ratings agency Moody’s said in a report that global oil and gas prices are likely to remain volatile but range bound in...
Nigeria achieved an average national daily gas production of 7.90bscf in 2018, translating to 3 percent above the 2017 average daily gas...
Nigeria’s crude oil daily production recorded an upward swing of about 2.09million barrels in 2018, translating to a 9percent increment, compared with...
A study carried out on the operational status of the over 5,000 kilometres of pipeline network belonging to the Nigerian National Petroleum...
Shell has declared an ambition to double the amount it spends on green energy to $4 billion a year, in a sign...