#Oil and Gas

The international oil benchmark, Brent crude, which stood at $45.72 per barrel on Sunday, has slumped to $33 per barrel. Oil prices

By Omobayo Azeez Seplat Petroleum Development Company Plc has reiterated its commitment to managing old and matured assets profitably

The nation’s crude oil reserves of 37 billion barrels, two per cent of which is being produced annually, will be depleted in 49 years,

Oil rose to a two-week high on hopes that economic stimulus from China can revive demand battered by the coronavirus, and as a number

The federal government has shortlisted 200 investors to bid for gas flare sites after the evaluation of statements of qualification

  The latest crude oil price rally was nipped in the bud last night by the news that 15,000 new coronavirus cases had been

Global oil demand is now expected to see its first quarterly contraction in over a decade, according to the International Energy

Timipre Sylva, the minister of state for petroleum resources, said on Wednesday that the nation’s oil and gas sector has worsened as