UK oil and gas industry has welcomed the UK government’s inclusion of Transferable Tax History (TTH) in its draft Finance Bill clauses....
The Petroleum Host Communities Development Bill (PHCDB) 2018 stipulates different timelines for the incorporation of the PHCD Trust according to the nature...
The Petroleum Industry Governance Bill (PIGB) is a section of the Petroleum Industry Bill (PIB) which was broken into four parts for...
Nigeria’s State oil firm, Monday, signed agreements with Joint Venture (JV) partners for the commencement of seven Critical Gas Development Projects (7CGDP)...
Crude oil prices moved into positive territory Monday ahead of the start of trading in New York amid growing concerns about a...
Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight...
Dr. Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources says despite talks about new forces coming into the market, oil will...
The Nigerian National Petroleum Corporation (NNPC) says it is considering approaching the Capital market to fund its new projects, Dr Maikanti Baru,...
BP has started up the $28-billion Shah Deniz 2 project offshore Azerbaijan, the first subsea development in the Caspian Sea, the company...
Oil output from the Organization of the Petroleum Exporting Countries (OPEC) rose in June as Saudi Arabia pumped at a near-record rate,...
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Dangote Petroleum Refinery and Petrochemicals has increased its crude oil processing capacity to 700,000...
Nigeria’s crude oil production has surged to an 11-month high in May, 2026, with...
