Oil and Gas

By Omobayo Azeez Seplat Petroleum Development Company Plc recorded 13.4 per cent uptick in profit before deferred taxes to $270m...

Nigeria and other oil-producing countries in Africa will lose up to $65 billion in revenues because of the impact of...

The federal government of Canada is preparing a multibillion dollar financial aid package for the oil and gas industry and...

LNG Canada has laid off 750 people as a preventive measure against the Covid-19 pandemic before it reaches the construction...

Private fuel marketers have yet to reduce the pump price of Premium Motor Spirit (petrol), while retail stations belonging to...

Oil prices plunged below $24 a barrel for the first time in almost 18 years after Saudi Arabia doubled down in its...

The federal government may have directed the reduction in the pump price of Premium Motor Spirit (PMS) from N145 per...

With the international oil benchmark, Brent crude, falling below the $30 per barrel mark on Monday, the oil-dependent Nigerian economy...

Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn...

Russian oil firms plan to raise their oil production from April and they are comfortable with the current oil prices...