Lebanon said on Friday it had signed its first offshore oil and gas exploration and production agreements for two blocks, as the...
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...
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)...
As conversations around hydrocarbon metering in the Nigerian oil and gas industry intensifies, with many Nigerians positing that the exact amount of...
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...
BP’s profits more than doubled in 2017 to $6.2 billion powered by higher prices and output of oil and gas, allowing the...
Despite the expiration of a seven day ultimatum given the Nigerian National Petroleum Corporation (NNPC) to clear fuel queues in the country,...
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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...