Exxon Mobil Corp. in Nigeria declared force majeure on oil liftings from different terminals in the country following industrial action by the company’s in-house workers union,...
The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy...
National Biotechnology Development Agency (NABDA), Rahad Global Investment Ltd and NNPC Energy Services Ltd have signed a tripartite Memorandum of Understanding (MoU) and Memorandum of Agreement...
Oil prices rose more than 1% on Tuesday with support from a weaker dollar and hopes that the Federal Reserve might ease up on its policy...
Ijaw Youth Council (IYC) worldwide, has threatened to occupy all Shell Petroleum Development Company (SPDC) facilities in the Niger Delta region to protest its alleged violation...
The Nigerian Independent Petroleum Company (NIPCO), says it has intensified investment in gas infrastructure to aid diversification and Nigeria’s energy transition. Mr Suresh Kumar, Managing Director,...
The Society of Petroleum Engineers (SPE), Nigeria Council says in view of energy transition, Nigeria needs to effectively harness potential of gas resources to ensure energy...
Nigerian National Petroleum Company Limited (NNPC Ltd), says it plans to deepen relationship with the Industry, Governments, Research Institutions and the Academia to strengthen its Renewable...
Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the Federal Government has received $800 million from the World Bank to provide palliatives...
Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production amounting to around 1.15 million barrels per day in a surprise...
Oil prices rose by more than a dollar a barrel on Friday as supplies tightened in some parts of the world and U.S. inflation data indicated...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will partner Oil Trading and Logistics (OTL) Africa Downstream to sanitise and drive the country’s...
Nigeria’s Timipre Sylva has resigned as the country’s minister of state for petroleum to seek a new term as governor of oil-producing Bayelsa State in the...
Chad’s parliament on Wednesday approved a bill to nationalise oil assets and rights acquired last year by Savannah Energy from ExxonMobil’s affiliate, Esso Exploration and Production...
Nigerian Content Development and Monitoring Board (NCDMB) has challenged the oil companies to set aside a percentage of their annual budget to fund Research and Development...