Petronas subsidiary PC Senegal has signed an agreement with Total to acquire a 30percent interest in the Rufisque Offshore Profond block. Total...
The Nigerian National Petroleum Corporation (NNPC) says it plans to establish new refineries in Port Harcourt, Rivers State and in Warri, Delta...
ExxonMobil has agreed to acquire a 30perecnt interest from Azinam in petroleum exploration license 44 in the Walvis basin offshore Namibia, subject...
OPEC in its latest monthly report, lowered its global oil-demand growth estimate by 20,000 bpd, to 1.64 million bpd this year. This...
Although Nigeria prides herself as the most ambitious member of the 51 countries implementing the Extractive Industries Transparency Initiative (EITI) Standards based...
The Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company, have signed five agreements to expedite the development of a project...
Indonesia’s energy ministry has opened bids for six oil and gas blocks, the second round in 2018, according to Reuters. Half the...
China isn’t fazed by U.S. sanctions pressure and is committed to keep doing business in the Iranian energy sector, the head of...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has expanded its operations in the oil and gas industry to cover Commodity Trading. At...
Nigeria’s implementation of the Extractive Industries Transparency Initiative (EITI) standards has further received a boost following readiness by the country’s parliament to...
Follow on Facebook
Live commodities widget is provided by DailyForex.com – Forex Reviews and News
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...