Oil and Gas

Royal Dutch Shell and its partners will decide next year on whether to go ahead with the development of Nigeria’s Bonga Southwest…

Nigeria, crude oil supply to the international market by 50,000 barrel per day in July. According to Reuters crude oil market survey…

Higher oil prices drove increased profits for US oil giant ExxonMobil, but the earnings report Friday missed analyst expectations due to natural…

President Muhammadu Buhari said in Abuja that his administration will look into the constitutional 13 per cent derivation benefit to the Niger…

The management of Nigeria National Petroleum Corporation (NNPC) has reiterated its commitment to establish biofuel plants across the country as call intensifies…

Total has said it spent over $10 billion to empower Nigerian youths in entrepreneurial development in the last five years. The company equally…

The private sector-driven Niger Republic facilitated approved petroleum refinery in Mashi in Kastina state would cost $2 billion. The planned refinery would…

The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the sacking of 860 spy police without…

The Nigerian National Petroleum Corporation (NNPC) has commenced a community integration and stakeholders’ engagement to sensitise people in Cross River ahead the…

A joint venture including Italian oil services group Saipem, Japan’s Chiyoda Corp and Korea’s Daewoo E&C has been awarded a new contract…

The Chairman, Commissioners of Finance Forum, Mr Mahmood Yunusa on Thursday said the Federation Accounts Allocation Committee (FAAC) has agreed to suspend…

Nigerian Liquified Natural Gas NLNG, has paid off the loan facility it took from its shareholders. As a result one of its…

Oil prices fell with Brent dropping by more than $1, after the United States said it would consider requests for waivers from…

U.S. President Donald Trump, who called on OPEC producers to reduce oil prices, has caused prices to rise through his tweets, Iranian OPEC…