Nigerians will stand the epic opportunity to own shares in the national oil company after the Petroleum Industry Governance Bill (PIGB) is...
Mr. Osten Olorunsola, a former Director of the Department of Petroleum Resources (DPR) Tuesday, disclosed that crude oil fields in the country...
China’s National Offshore Oil Corporation (CNOOC) says it is investing additional $3 billion in its existing stakes in offshore oil and gas...
Of the 51 member countries implementing the principles of the global Extractive Industries Transparency Initiative (EITI), Nigeria has been adjudged the most...
The Nigerian National Petroleum Corporation (NNPC), Shell, Total and Eni, Wednesday, signed the Front-End Engineering Design (FEED) contract of Train 7 of...
Britain’s Oil & Gas Authority (OGA) has launched the 31st Offshore Licensing Round. On offer are 1,766 blocks spanning 370,000 sq km...
UK oil and gas industry has welcomed the UK government’s inclusion of Transferable Tax History (TTH) in its draft Finance Bill clauses....
Nigeria’s State oil firm, Monday, signed agreements with Joint Venture (JV) partners for the commencement of seven Critical Gas Development Projects (7CGDP)...
Crude oil prices moved into positive territory Monday ahead of the start of trading in New York amid growing concerns about a...
Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight...