Oil and Gas

Nigeria has significantly reduced the accumulated debt it owes International Oil companies (IOCs) for cash-call for oil and gas production...

Uncertainty over global economic and oil demand growth will continue to weigh on oil prices next year as the oversupply...

Chevron has launched the sale of its stakes in two Nigerian offshore oil and gas blocks, a sale document seen...

Nigeria’s fuel consumption has reduced by 30 per cent since the stoppage of petrol sale at towns/villages within 30 kilometres...

Oil prices edged higher Wednesday, on a path for a fifth gain out of six sessions, as cautious optimism for...

By Samson Echenim Nigeria, Angola and other African countries will chart ways to raise investments in their gas potential at...

Kenneth Afor Oil price on Tuesday was sold below $62 per barrel, its second fall since the beginning of the...

The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said...

Tola Akinmutimi The Senate on Wednesday mandated its committee on gas to review upwards and recommend immediately penalties for defaulters...

Oil prices fell on Wednesday, pulled down by a larger-than-expected build-up in U.S. crude stocks, after gaining for three straight...