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...
ConocoPhillips has set a capital expenditure budget for 2019 of $6.1 billion, which is flat to its expected full-year 2018 capex, excluding...
A general cooperation agreement between OPEC and non-OPEC countries will be signed in three months’ time in Saudi Arabia, the UAE’s energy...
The Nigerian National Petroleum Corporation (NNPC) on Sunday said it has legal rights of withdrawals from the Nigerian Liquefied Natural Gas (NLNG)...
Miners in Nigeria have taken concerns over multiple taxes and disruption of mining activities by state government agencies to President Muhammadu Buhari....
As part of efforts to drive down cost, the Nigerian National Petroleum Corporation (NNPC) says it is considering extending the Escravos-Warri crude...