The Nigerian Government Wednesday announced that 21 firms are to mobilise to site in the next two weeks following the contribution of...
Following the recent occurrence of earth tremor and earthquake scare in Abuja, the federal government has commissioned earthquake monitoring command and control...
Global oil supply will outpace demand throughout 2019, the International Energy Agency (IEA) forecasted in its latest Oil Market Report. Since midyear,...
Dr. Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) says Saudi Arabia recent decision to announce daily crude...
The Organisation of the Petroleum Exporting Countries (OPEC) Secretary General, Dr. Mohammed Barkindo, has assured the global oil community that the organization...
Oil price rose on Monday, boosted by news Saudi Arabia plans to reduce its output levels by some 500, 000bpd in December,...
Exploration over the past decade over sub-Saharan Africa has delivered more giant discoveries than any other region, according to Wood Mackenzie. There...
Dr. Ibe Kachikwu, Nigeria’s Minister of State for Petroleum says the nation’s refineries would no longer be revived in 2019 as earlier...
Vice President Yemi Osinbajo on Wednesday in Abuja, assured that President Muhammadu Buhari will assent to the National Oil Spill Detection and...
Petrobras is withdrawing from three Nigeria deepwater projects following sale of its stake in the assets. Petrobras International Braspetro has agreed to...