The Nigerian government Wednesday made progress in the prosecution of the flaws associated with the controversial award of OPL 245 to oil...
by Itumeleng Mukhovha One can easily assume that international investors are deterred from investing in Africa given the growing need to weather...
US crude oil inventories for the week ended Mar. 29, excluding the Strategic Petroleum Reserve, jumped 7.2 million bbl from the previous...
Nigerian oil company Oando aims to raise fresh capital over the next two years and repay debt used to acquire Conoco Phillips’...
Onshore assets which include Oil Mining Lease (OML) 66, 70, 68 and 104 have been named amongst those to be put up...
ExxonMobil Corp. has taken a final investment decision (FID) on a multibillion-dollar expansion to convert fuel oil and other bottom-of-the-barrel crude products...
Total SA has started production on Kaombo Sul, the second floating production, storage, and offloading vessel of the Kaombo oil development offshore...
…plans commercialisation of flare sites As part of efforts to end gas flaring in the country, the Nigerian National Petroleum Corporation (NNPC)...
Oil climbed more than 1 percent with U.S. crude futures hitting a 2019 high on Monday after tight supply and positive signs...
Sovereign wealth funds from oil-rich countries in the Middle East are moving to diversify into renewable energy, pushed by regulators and pledges...
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By Juliet Ukanwosu President Bola Tinubu, on Monday approved the reconstitution of a 15-member...
By Juliet Ukanwosu As part of follow-up actions to the Extractive Industries Transparency Initiative...
By Gift Eguavoen The Nigerian National Petroleum Company Limited (NNPCL) and its Joint Venture...
By Gift Eguavoen A new survey commissioned by the Global Methane Hub has shown...
The Federal Government says measures are being put in place to restore oil production...
Some financial experts have urged the Federal Government to invest more in increased crude...
By Stephanie Odiase As part of its commitment to encourage learning and academic excellence,...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the Shell Petroleum Development Company of...
By Juliet Ukanwosu The Federal Government says it has commenced the 2024 bid rounds...