The Nigerian Air Force (NAF) says the air component of Operation Delta Safe has destroyed 13 illegal refining sites and seven Cotonou boats in Rivers, Bayelsa,...
Multinational energy corporation Chevron and Equatorial Guinea’s state-owned oil company GEPetrol have signed two production sharing contracts (PSC) for offshore blocks EG-06 and EG-11 in Equatorial Guinea- representing...
Crude oil prices held near a seven-week high on Friday as the market balanced signs of improving U.S. demand and falling oil and fuel inventories versus...
Chief Executive Officer Nigeria Upstream Regulatory Commission, Gbenga Komolafe has said that Nigeria is expanding the number of oil blocks slated for auction in its 2024...
National Oil Spills Detection and Response Agency, NOSDRA, has confirmed an oil leak incident from the Nembe Oilfields operated by Aiteo Eastern Exploration and Production Limited...
Oil price gains on Tuesday were curbed after players took stock of comments from a Federal Reserve policymaker urging investors to remain cautious on future rate...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the extension of the deadline for the registration and submission of pre-qualification documents for the 2024 oil...
Seplat Energy is pursuing a swift conclusion to its $1.28 billion acquisition of ExxonMobil’s Nigerian shallow water oil assets, it said on Friday after being notified...
Secretary General of Oil Producing Countries, OPEC, says it does not see a peak in oil demand in its long-term forecast and expects demand to grow...
The Movement for the Survival of Ogoni People, MOSOP, has listed conditions that must be met before the resumption of oil operations in Ogoniland. MOSOP made...
The African Energy Chamber the voice of the African energy sector – is sponsoring a workshop led by Nigeria’s National Judicial Institute (NJI). The workshop –...
Marine LNG infrastructure developer Golar LNG has signed a Project Development Agreement (PDA) with the Nigerian National Petroleum Corporation (NNPC) for the deployment of an FLNG...
Mgbuosimini Community in Obio/Akpor Local Area of Rivers State has shut down the Port Harcourt office of Nigeria Agip Oil Company, NAOC. Hundreds of men, women...
Brent futures rose $1.36, or 1.7%, to $80.98 a barrel, while U.S. West Texas Intermediate crude rose $1.46, or 1.9%, to $76.99. That puts both crude...
Integrated energy solutions provider Tetracore has commissioned phase one of its Compressed Natural Gas (CNG) facility in Nigeria – representing a significant step towards strengthening the...