The International Energy Agency’s (IEA) outlook on global oil demand growth has fallen to its lowest level in a decade, IEA Executive Director Fatih Birol said...
An Italian Judge has ordered Alhaji Aliyu Abubakar, a Nigerian businessman involved in the controversial Eni and Shell OPL-245 offshore oilfield deal, to stand trial over...
Nigerian National Petroleum Corporation (NNPC), Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG); and Nigerian Agip Oil Company (NAOC), have disbursed $360...
EXXONMOBIL board of directors has elected Stephen Littleton as vice president of investor relations and corporate secretary, effective March 15. Neil Hansen, who is currently vice...
Director and Chief Executive Officer, Department of Petroleum Resources DPR Mr Sarki Auwalu, has said that the oil mining licence of Pan Ocean oil corporation OML...
Cost increases and uncertainty in Nigeria’s crucial energy sector could lead to a 35% decline in oil output over 10 years as companies delay investments in...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that by June, the oil industry would have a clear fiscal...
In a bid to further the local content of oil and gas in the country Nigerian vendors are to supply 55 per cent of all procurement...
The daily average natural gas supply to gas-powered plants in November 2019 increased by 16.53 per cent to 645 mmscfd, the Nigerian National Petroleum Corporation (NNPC)...
OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on demand from the...
Royal Dutch Shell’s Nigerian subsidiary SPDC lifted a force majeure on Bonny Light crude oil exports on Friday, a spokesman said. It had been in effect...
The former Attorney-General of the Federation, Mohammed Adoke, and six other co-defendants charged with 42 counts in connection with the controversial 1.09 billion dollars settlement agreement...
Nigerian oil firm Lekoil has reached a deferred payment deal to keep ownership of an oilfield, the company said in a statement, after it discovered the...
Africa-focused fintech firm Flutterwave said that it has raised $35 million and is partnering with WorldPay and Visa in its bid to expand its operation in...
The Minister of State for Niger Delta Affairs, Senator Tayo Alasoadura, has said the dissolution of the recently screened board of the Niger Delta Development Commission...