Oil prices fell to their lowest in six weeks on Thursday after data showed U.S. crude output had reached record highs and...
In a bid to ensure adequate petrol supply across the country and eradicate the lingering queues, the Nigerian National Petroleum Corporation (NNPC)...
Oil prices reversed gains on Wednesday, as official government figures showed U.S. crude stockpiles rose last week, contradicting an earlier report showing...
Oil giants, ExxonMobil and Chevron corporations have announced 2017 earnings of $19.7 billion and $9.2 billion respectively. In the announcements made at...
Despite the expiration of a seven day ultimatum given the Nigerian National Petroleum Corporation (NNPC) to clear fuel queues in the country,...
The Nigerian government is set to develop and introduce new commodities aimed at boosting the nation’s non-oil and gas sector’s export earnings....
French oil giant, Total, has agreed to sell a 25 percent stake in the Exploration Block 11B/12B, located offshore South Africa, to...
Oil prices slipped further in early Monday trading, as declines in stock markets and increased U.S. drilling continue to knock months of bullish sentiment...
Crude oil prices dropped into negative territory in early Friday trading following solid gains backed by emerging bullish sentiments about the market...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has renewed its appeal to the National Assembly to use the findings of its audit...