Lekoil has taken delivery of a technical evaluation report for the OPL325 lease in the Dahomey basin offshore Nigeria, straddling the western...
Oil prices extended gains to hit their highest level in nearly two weeks on Monday, buoyed as Asian shares joined a global...
The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Dr. Mohammed Sanusi Barkindo, will be leading other global oil...
Erin Energy reports that it has discovered oil in the deepwater Oyo-NW prospect offshore Nigeria. The location is 9.5 km (5.9 mi)...
The United States, a former net crude importer, is now set to become a net exporter of crude by 2022 according to...
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu Tuesday, officially visited the Egina Floating Production Storage Offloading (FPSO), and made a...
Production of Qua Iboe Crude, Nigeria’s largest crude oil stream, has dropped to its lowest level for the first time since 2010....
Oil prices fell for a sixth day on Friday, with U.S. futures dropping below $60 a barrel for the first time since...
The federal government has begun the export of solid minerals from the Ikorodu Lighter Terminal, Lagos, as part of efforts to ease...
A cargo of crude oil has sailed from Nigeria’s Bonga terminal for the first time since mid-January as operator Shell ramps up...