A Senate panel Thursday recommended a five-naira tax on any litre of petroleum products purchased by Nigerians to fund the proposed

The House of Representatives says it would pass a more holistic Petroleum Industry Bill (PIB) that will encompass interests of host

China’s West African crude oil loadings are on track to slide to a nine-month low in June as buying in the key outlet wanes

Oil prices rose on Thursday, lifting energy company shares, on expectations the United States will withdraw from a global pact to

The World Bank will provide $29 million to help Senegal as it negotiates oil and gas contracts with producers, it said on Wednesday.

*The bears lurk as relative stress index crosses the overbought region  The positive sentiments on the floor of the Nigerian Stock

New projections suggesting deep-sea oil production costs are becoming cheaper and that oil at $50 per barrel would sustain such

Nigeria’s Senate voted on Tuesday to halt a concession agreement with the local unit of Italian oil firm Eni to repair, operate

Oil prices fell on Tuesday on concerns that output cuts by the world’s big exporters may not be enough to drain a global glut

Going by recent macroeconomic indicators signaling improvements in the general condition of the economy, analysts at Afrinvest say