Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. In June 2025,...
The fourth OPEC Fund Development Forum has concluded with a strong slate of new commitments, loan agreements and strategic partnerships to advance inclusive transition and sustainable...
Nigeria’s oil regulator is set to bring in a new rule that requires oil producers to obtain an export permit, vessel clearance and a unique identification...
Residents of Okolobiri community of Gbarain Kingdom in Yenagoa Local Government Area of Bayelsa State have expressed worry over the endless gas flaring from nearby Gbarain-Ubie...
Crude oil prices climbed on Tuesday as the Iran-Israel conflict raged with no end in sight, though major oil and gas infrastructure and flows have so...
Oil prices soared, up by more than seven percent on the day following Israel’s strike on Iran, increasing fears of supply disruptions in the oil-rich region....
Enhanced oil recovery technologies, powered by AI, are breathing new life into declining reservoirs. From predictive analytics to machine learning algorithms, AI is not just a...
Crude oil prices rose 2% on Wednesday, to their highest in more than two months, as President Donald Trump said the U.S. had a trade deal...
Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after a recent decline in crude...
Oil prices extended gains on Tuesday, buoyed by U.S.-China trade talks and a dip in Saudi Arabian crude supply to China. Brent crude futures rose 23...
A Nigerian oil firm has exported New Blend of Crude Oil. Green Energy International Limited (GEIL) said it has completed its first crude oil export from...
Movement for the Survival of the Ogoni People (MOSOP) has called on President Bola Ahmed Tinubu to set up a probe panel to investigate the alleged...
Nigeria is witnessing a significant shift in its oil and gas landscape as local companies expand their roles, driving a new phase of potential sectoral growth...
Vice-President Kashim Shettima says Nigeria is pursuing a $25 billion undersea gas pipeline project aimed at supplying natural gas to Europe through the West African coastline....
Nigerian President Bola Tinubu has signed an executive order introducing a performance-driven framework for oil sector operators, designed to link tax incentives directly to verifiable cost...