For a country blessed with abundant natural resources – holding Africa’s largest crude reserves and the continent largest oil producer – aside...
A mix of political populism, higher commodity prices and the expectation electrification spurring demand for some raw materials has led resource-holding governments...
ExxonMobil has made the world’s third-biggest natural gas discovery in two years off the coast of Cyprus in the Eastern Mediterranean at...
The Nigerian National Petroleum Corporation (NNPC), has said it would support ongoing initiative by the Federal Government to diversify the nation’s economy...
Introduction: In most business schools and development economics classes around the world, Nigeria is used as a textbook case of “resource curse”....
Global LNG trade occurred at record volumes for the fifth consecutive year, reaching 316.6 million tonnes, according to the International Gas Union’s...
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...