Oil and Gas

 Dangote Group, controlled by Africa’s richest man Aliko Dangote, is considering the purchase of Nigerian oil fields as international companies plan to…

The Director-General, Bureau of Public Enterprise (BPE), Mr Benjamin Dikki, on Tuesday said the bureau provided N50 billion to the new owners…

 An uncomfortable prospect for global exporters of liquefied natural gas (LNG) will unfold in India this week as buyers from countries that…

A large oil spill near Nigeria’s Brass facility, run by ENI, has spread through the sea and swamps of the oil producing…

 Switzerland is ready to assist Nigeria in the ongoing investigations into the alleged more than 6.8 billion dollars (N1.1 trillion) fraudulent oil…

Gov. Babangida Aliyu of Niger state has urged the Central Bank of Nigeria (CBN) to account for the shortfall being experienced in…

Vice President of ExxonMobil Production Company Mr Elijah White has urged Federal Government to ensure that the pending Petroleum Industry Bill (PIB)…

The U.S. will surpass Russia as the world’s top oil producer by 2015, and be close to energy self-sufficiency in the next…

Oil prices could drop by as much as $15 per barrel should countries such as Libya restore production and sanctions on Iran…

Eni is facing growing problems in Africa as social unrest in the resource-rich continent escalates to threaten production targets on a continent…

ConocoPhillips said it expects proceeds of nearly $9 billion from the sale of its interests in Kazakhstan, Algeria and Nigeria. Conoco’s plan…

The Vice President Namadi Sambo will on behalf of the federal government officially hand over the physical assets of the 14 PHCN…

OPEC oil output has fallen in September to the lowest in almost two years because of work at Iraq’s main export outlet,…

Nigeria has signed a deal for Chinese state companies to build a $1.3 billion power plant, the federal government said on Sunday…