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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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...
The Nigerian National Petroleum Company (NNPC Ltd.) has renewed its agreement with TotalEnergies for...
