The Natural Resource Charter (NRC) is a set of principles intended for use by governments, societies, and the international community to determine...
Britain’s offshore oil and gas production rose by more than 4percent in 2018, according to the Oil & Gas Authority (OGA), averaging...
Crude oil prices rose Tuesday amid expectations of more production declines in Venezuela and Saudi Arabia, but broader economic concerns capped gains....
U.S. shale companies have benefited from the supply-cut efforts from OPEC and its allies that boosted prices, OPEC Secretary General Mohammed Barkindo...
Recently, at the 42nd meeting of the board of the Extractive Industries Transparency Initiative (EITI) in Kyiv, Ukraine, Nigeria, was adjudged to...
The US will soon export more oil and liquids than Saudi Arabia, driven by the continued rise in oil production from US...
The Nigerian National Petroleum Corporation’s (NNPC) shipping Subsidiary, NIDAS, says it has signed Contract of Affreightment (COA) with BP and Socar for...
The 2019 budget of the Nigerian National Petroleum Corporation (NNPC), has gotten an early approval by President Muhammadu Buhari. This was disclosed...
Nigeria, EITI’s trailblazing member country, says it is targeting attaining beyond satisfactory overall on all requirements in implementing the Extractive Industries Transparency...
The Pecan South-1A well in the Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana has encountered oil. According to the operator...
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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...