Oil rose on Friday, clawing back some territory after prices fell by the most in a month in the previous session, as...
The International Energy Agency (IEA) has said that oil prices could break out above $80 a barrel unless other producers act to...
A review of net allocations to states by the Federation Accounts Allocation Committee (FAAC) shows that Delta, A/Ibom, Rivers, Bayelsa and Lagos...
Petronas subsidiary PC Senegal has signed an agreement with Total to acquire a 30percent interest in the Rufisque Offshore Senegal Profond block....
Total’s $3.3 billion Egina floating production storage and offloading (FPSO), will be connected to 44 subsea wells at the Egina oil field is...
Disbursements made by the Federation Accounts Allocation Committee (FAAC) has shown that the federal, states and local government areas shared N3.95 trillion...
The non-passage of the various segments of the Petroleum Industry Bill (PIB) which is expected to clear uncertainty in the oil industry...
The EITI Board decided on September 4, 2018, to suspend Liberia for not having published the EITI report for the fiscal period...
The EITI Regional Director, Mr. Pablo Valverde, has stated that the EITI validation is more of peer learning exercise than punitive. The...
Panoro Energy has confirmed that the Ruche North East Marin-1 (DRNEM-1) well has discovered oil in the Dussafu Marin PSC, offshore Gabon....