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 governments of Mauritania and Senegal have signed an inter-governmental cooperation agreement (ICA) allowing development of the cross-border deepwater Tortue natural gas...
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...
U.S. natural gas production has boomed in the past decade, driving gas prices sharply downward. Natural gas has become a competitive choice...
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...
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By Juliet Ukanwosu The Centre for Transparency Advocacy (CTA) has commended the signing of...
Africa is exporting the bulk of its energy resources instead of building value at...
Oil prices were stable on Monday after the U.S. and Iran pledged to continue...
President Bola Tinubu has issued an Executive Order (EO) to safeguard and enhance oil...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) reported revenue of N60.5 trillion and...
