Oil rose on Monday, hitting three-week highs, supported by strong U.S. demand and comments from Saudi Arabia that it would continue to...
As international oil prices gradually inch up from their steepest decline in more than a year, a top official of Oman’s Ministry...
…What each state got Rising oil prices and improved crude production have been cited as the major contributory factors, as the Federation...
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday said multinational oil firms would, in a matter of time,...
The Nigerian Content Development and Monitoring Board (NCDMB) says it is setting aside a $200 million intervention fund to boost indigenous participation in...
Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC) Mr Mohammed Barkindo, on Monday in Abuja said, the organisation had...
ExxonMobil has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three...
Lekoil has taken delivery of a technical evaluation report for the OPL325 lease in the Dahomey basin offshore Nigeria, straddling the western...
The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Dr. Mohammed Sanusi Barkindo, will be leading other global oil...
Erin Energy reports that it has discovered oil in the deepwater Oyo-NW prospect offshore Nigeria. The location is 9.5 km (5.9 mi)...